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.
Prime Minister Rosen Zhelyazkov said that the state’s representative at Lukoil could include more than one appointed manager, in line with upcoming legal changes. He added that the names of the candidates for special manager or managers would be..
November 10 marks 36 years since the symbolic beginning of the transition from a one-party system to democracy in Bulgaria. The day after the fall of the Berlin Wall a plenum of the then ruling Bulgarian Communist Party ousted its..
Seven-year-old Magdalena Stoyanova from art school "Kolorit" in Pleven received a gold medal and a distinction from the international children's drawing competition "Health 2025". The award ceremony took place in Sao Paulo,..
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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