Though good and stable, economic growth in Bulgaria is insufficient for catching up with average European levels, reads the regular annual report on the state of the Bulgarian economy of the Bulgarian Academy of Sciences Economic Research Institute.
Depending on the extent to which the country manages to keep up the economic growth rate, it will take 90 to 233 years for Bulgaria to be able to reach European levels. The objective should be anticipatory economic growth and a more significant increase in incomes that will ease social tension, the report reads. There exists capital flight in huge amounts. In 2016 the net capital outflow is estimated at close to 3.400 billion euro, in 2017 - 3.100 billion euro. The net outflow of Bulgarian capital produced in this country is estimated at one third of the investments in the country, Prof. Garabed Minasyan from the Bulgarian academy of Sciences Economic Research Institute said for the Bulgarian National Radio.
Caretaker Minister of Energy Vladimir Malinov has started another round of renegotiation of the agreement with the Turkish gas transmission operator BOTAŞ. On Wednesday, he met with his Turkish counterpart Alparslan Bayraktar in Istanbul. On..
Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the Movement for Rights and Freedoms (DPS) and We Continue the Change-Democratic Bulgaria voted in..
Paul Cameron from London has turned out to be the one millionth passenger for 2024 at Burgas Airport, and his landing turned into a real celebration, BNT reported. He and his wife Cindy arrived on a charter flight from Gatwick Airport and were..
The caretaker government has allowed the Bulgarian military to train Ukrainian soldiers on the territory of NATO member states. The reasoning states that..
There is a high probability that this would be the last regular meeting of the Council of Ministers, caretaker Prime Minister Dimitar..
With the votes of GERB-SDS, PP-DB and MRF, the National Assembly rejected the proposal of BSP for Bulgaria that part of the equipment for Belene NPP be..
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