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 Tuesday, the lowest temperatures will range from 10 °C to 15°C, around 11°C in Sofia. In the morning hours, there will be low clouds or reduced visibility in some lowland areas and around water bodies. It will be sunny during the day. There will..
Bulgarian Defence Minister Atanas Zapryanov met his Albanian counterpart Pirro Vengu in Tirana on Monday in his first official visit to Albania, the Albanian Defence Ministry said. The two ministers highlighted strong defence and security ties..
On September 15, 2025, the Ambassador of the Russian Federation to Sofia, Eleonora Mitrofanova, was summoned to the Ministry of Foreign Affairs of Bulgaria in connection with the deliberate violation of Polish airspace by Russian military drones on..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
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