Bulgaria is the only country of the EU which is complying with the budget deficit criterion, said Valdis Dombrovskis, Executive Vice President of the European Commission.
Despite the strong economic growth and low unemployment rate Bulgaria is catching up with the rest of the EU slowly, according to the European Commission spring economic report. The country has a high level of poverty and income inequality. The percentage of non-performing loans remains high. Supervision in the insurance sector needs to be additionally reinforced, even though considerable progress has been made. The challenges in the fight against corruption remain and there is no convincing evidence as yet of the prosecution of high-level cases.
Bulgaria has officially become part of the European cultural route “The Wine Route” ( Iter Vitis ) . The certificate of membership was presented to Tourism Minister Miroslav Borshosh, recognizing the country’s inclusion in a network of leading..
On December 15 at 6 p.m., the traditional festive ceremony for lighting the Bulgarian Christmas tree in Las Vegas will take place at BESO Restaurant, according to eurochicago.com. The tree will be adorned with ornaments featuring Bulgarian motifs, most of..
The final round of the twelfth edition of the Rose Water Recipe Award was hosted by the Bulgarian Embassy in Tokyo. According to a Facebook post by the diplomatic mission in Japan, the competition was organised by the Bulgarian Rose Cultural..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment..
Overcast, rain
Partly cloudy, chance of rain
Scattered showers
Cloudy
Mostly Cloudy