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.
I expect that in Sofia, the parliamentarians from the member states of the Parliamentary Assembly of the Black Sea Economic Cooperation (PABSEC) will make forward-looking decisions that will support cooperation and the development of the countries in the..
In 2026, the Ministry of Innovation and Growth will invest nearly 115 million euros in national infrastructure for secure satellite communications and in joint projects between business and academia. The funds will be distributed in..
As part of an investigation led by the European Public Prosecutor's Office (EPPO) in Sofia, the police carried out several searches and seizures this week on suspicion of fraud with EU subsidies for agriculture, BTA has reported,..
The first quaternary wastewater treatment plant in Bulgaria was opened today in the village of Benkovski, Maritsa Municipality. “Today we are launching..
Bulgaria has officially become part of the European cultural route “The Wine Route” ( Iter Vitis ) . The certificate of membership was presented to..
Over the next 24 hours, cloudy and foggy conditions are expected across much of the western Danube and Upper Thracian plains. Rain is likely in western..
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