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.
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 the country. During the day there will be rain in isolated parts of the country, and in the afternoon..
Cardiac insufficiency is turning into a pandemic, with seven new cases discovered in Europe every minute, says cardiologist Prof. Ivan Gruev, who is Deputy Director of the National General Transport Hospital. 170,000 people are treated for cardiac..
The lasting tendency of a decline in the migratory pressure towards Bulgaria continues, caretaker Interior Minister Katlin Stoyanov said at the opening of a safe zone for unaccompanied children at the Registration and Reception Refugee Centre in..
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..
Interdepartmental working groups will work towards the speedier implementation of the projects for the construction of new nuclear capacities at..
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