The European Commission has presented its specific recommendations for the economic policies of member states, including Bulgaria, within European Semester 2017. It is expected that Sofia will respect the Stability and Growth Pact both in 2017 and in 2018, which sends a positive signal to investors.
In order to achieve sustainable economic growth and to improve the standard of living of Bulgarian citizens, Bulgaria is urged to accelerate its structural reform program. The EC takes note of the progress made in strengthening the banking system, but believes that more work is needed to overcome the remaining weaknesses in the financial sector, such as the high level of bad loans.
According to the EC, improving tax collection and compliance with tax legislation, as well as reducing the size of grey economy are measures that can increase the attractiveness of the Bulgarian economy and its credibility.
The Constitutional Court has rejected the request by President Rumen Radev to rule that the termination of Lukoil’s concession of oil port Rosenets is unconstitutional. Parliament adopts fast-track procedure to terminate Lukoil's concession..
The Fascination of Plants Day is to be celebrated today at the exhibition hall of the Faculty of Biology of the St. Kliment Ohridski university in Sofia. Students, lecturers and researchers will hold demonstrations and provide fascinating..
Sofia municipality takes over the financial expenses of twelve migrant and refugee children without parents in Sofia , deputy mayor Nadezhda Bacheva told BNR. They currently live in a family-type accommodation center and are cared for by a team of nine..
Slovakia's Prime Minister Robert Fico was shot this afternoon after a government meeting in the town of Handlova, about 180 km from Bratislava. A post..
Household electricity prices could go up by less than 30% as of 1 July, 2024, Energy Minister Vladimir Malinov announced at a briefing at the Ministry..
On Friday minimum temperatures in the country will range from 6° to 11° C., for Sofia 8° C. In the morning there will be fog in the Western part of..
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