During discussions at the presentation of the second pillar of the Recovery and Sustainability Plan – Green Bulgaria – Deputy Prime Minister Tomislav Donchev stated that Bulgaria must set itself the aim of increasing its Gross Domestic Product by around 20%, the Bulgarian news agency BTA reports.
Tomislav Dopnchev emphasized that Bulgaria entered the EU with a GDP close to 31% of the European average, but that now its GDP has reached 51%. The aim is for the country to reach the 70% mark within 10 years. Donchev indicated that the Recovery and Sustainability Plan will be instrumental to this.
Bulgaria has until 21 November to decide how to proceed with the Lukoil Neftochim refinery, Prime Minister Rosen Zhelyazkov said on Thursday ahead of a meeting of EU leaders in Brussels. He was apparently referring to the end of a US Treasury..
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
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