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 National Assembly will hold an extraordinary sitting at 1 pm on May 21, the Parliament’s presiding body decided. MPs will hear caretaker Premier Dimitar Glavchev regarding the upcoming increase in pensions from July 1. The request for the..
63% of Bulgarians over the age of 18 say democracy is the best form of governance, 19% hold the opposite view, indicates a survey by Trend agency, commissioned by Open Society Institute – Sofia. In 2023, trust in democracy is up compared to 2018 when..
“The ruling regime in Bulgaria is trying to reformat “Victory Day” into “Europe Day” and to neglect the commitments to preserve cultural and memorial sites,” the official spokesperson of Russia’s Foreign Ministry Maria Zakharova stated in a comment on..
63% of Bulgarians over the age of 18 say democracy is the best form of governance, 19% hold the opposite view, indicates a survey by Trend agency,..
Bulgaria is ahead of many countries in the world in terms of representation of women in parliament, as well as in high positions in the corporate sector..
Nearly 73% of Bulgarians did not visit a library, and 40 percent did not read a single book last year , according to a study by Alpha Research, announced..
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