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 provision of assistance to Ukraine is proceeding according to schedule, caretaker Minister of Defense Atanas Zapryanov said in the town of Pazardzhik. "So far, the packages voted by the government have been dispatched. The last package, which..
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 on Fico's Facebook profile indicates that the prime minister is in life-threatening condition...
The government will provide EUR 19.9 million (BGN 39 million) in additional funding to increase the salaries of academic staff in state universities from 1 January 2024. The decision was made after the lecturers threatened to go on strike on May 20...
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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