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.
A conference entitled 'Prospects for the Integration of Refugees and Migrants into the Labour Market' is taking place in Sofia today. The event is organised by the Sofia Municipality as part of a project. It will bring together key experts,..
ATMs will be stocked with euros on the night of 1 January 2026, so that by morning everyone will be able to withdraw euro banknotes. Nikola Bakalov, CEO of one of Bulgaria’s leading banks and a member of the Management Board of the Association of Banks..
At the invitation of Bulgaria's Head of State, Rumen Radev, Lebanon's President, General Joseph Aoun, arrived on an official visit to Bulgaria. The visit takes place ahead of the 60th anniversary of the establishment of diplomatic relations between..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
The Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along..
Prime Minister Rosen Zhelyazkov said that the state’s representative at Lukoil could include more than one appointed manager, in line with upcoming legal..
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