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.
The fire in a discotheque in the Macedonian town of Kocani, which killed 59 young people and injured more than 150, has prompted preventive action by the authorities in Bulgaria. The fire service has launched additional inspections of nearly 260..
Dozens of people have responded to the call of the Pirogov Emergency Hospital in Sofia to donate blood in support of the victims of the fire in Kočani, North Macedonia. The campaign is organized by the Bulgarian Red Cross. It will..
Rules for mark-ups in stores and regulated prices for 22 basic food products are provided for in a new draft law, which was presented today at the Ministry of Agriculture and Food. "As a government, we are obliged to take care of..
A protest was held in the city of Pernik against animal abuse and for maximum sentences for two residents of the city, Gabriela Sashova..
March 18, 2025 has been declared a National Day of Mourning in memory of the young people who died in the tragic fire in a nightclub in the town of..
At night, the wind will shift from the north-northeast and bring in cold air. On Tuesday, cloudy weather will prevail. In many places..
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