“There ought to be no excuse, for anyone, for the fact that the pace of development in this country is comparatively slow,” financier Lyubomir Datsov said for the BNR, and added that the current administration is the only one in the entire period of transition in the country to have had a 10-year term of office.
He pointed out that for seven months there has been no discussion of how the economy and public finances will be restructured after the epidemic. To make up for that, “quantitative gifts” are constantly being announced, but “we should all be aware that they are taken from our taxes, or from new loans,” Lyubomir Datsov said. In his words it is about time all long-delayed reforms were started, and the money channeled to the restructuring of the economy.
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
The demand for employees increased by 5% in August, or by over 1,700 more offers compared to July, one of the largest HR companies in Bulgaria reported to BTA. But on an annual basis there is a decline of 7% , or by 3,100 offers. The "Trade..
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