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.
At a meeting with Interior Minister Atanas Ilkov, the representatives of the "Angels on the Road" association, uniting parents of children who lost their lives in road accidents caused by drunk and drugged drivers, have demanded heavier and faster..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 33rd Bulgarian expedition to Antarctica . At the ceremony in the presidency, the head of Bulgaria's polar explorers, Prof. Hristo Pimpirev , accepted the flag...
Less than 3% are the fines paid by foreign drivers who committed traffic violations in Bulgaria's Ruse region , reports BNR correspondent in Ruse Asya Pencheva. From the beginning of the year until now, 5,205 electronic slips have been issued to foreign..
According to a ranking by company "William Russell", which insures the so-called "expats"- people who, for various reasons, do not live in their home..
8,000 Bulgarians returned to Bulgaria and nearly 12,000 left the country in 2023. Magdalena Kostova, director of the Demographic and..
A grave of a deceased person, with anti-vampire rituals performed on the body, was discovered during the latest archaeological excavations in..
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