Bulgaria has moved from 50th to 49th position in the Global Competitiveness Report of the World Economic Forum. This country is ahead of a number of countries that joined the European Union in 2004, as well as Romania. However, the population of Bulgaria declines by 100,000 every year. Moreover, Bulgaria has dropped a position in comparison to last year’s report when it comes to institutions. The report finds them cumbersome and deeply corrupt. The Bulgarian judicial system is also seen as highly dependent and inefficient, and it receives the lowest rating.
Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..
In an unprecedented move, the Bulgarian government approved the 2026 state budget draft at its meeting toda y without the agreement of employers’ organisations. Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry, said that..
Today, Sofia will host the fifth edition of the Global Women Leaders Forum. The event is organized by the Council of Women in Business in Bulgaria. Themed “Fast and Furious Changing World: Women in the Driving Seat”, the 2025 edition of the forum..
Bulgaria consistently opposes proposals to remove the requirement for unanimity in decision-making within the framework of the EU’s Common Foreign and..
President Rumen Radev has vetoed the legislative amendments related to the appointment of a special commercial administrator in the..
"As of today, there will be no acting mayor of Varna and the position will be held by the legally elected mayor Blagomir Kotsev," said..
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