In 2020 Bulgaria undertook anti-crisis policies which cost 6.7% of the country’s GDP in 2019, the average European spending being 14.3%, indicates an analysis by the Institute of Social and Trade Union Studies of the Confederation of Independent Trade Unions in Bulgaria.
Romania is the only country to have spent less at 4% of its GDP. Portugal, Slovakia and Estonia have spent approximately the same amounts as Bulgaria.
Data show that Bulgaria’s economy policy, though correct and expressed in very specific measures, is by far more conservative than the measures indertaken by the other EU member countries. This is strange, because Bulgaria has no government debt problem or chronic deficit, as most other EU countries do, the analysis comments.
Balchik is hosting the international regatta Ultramarine Balchik Match Race from the calendar of the European Match Race Tour (EMRT), BTA has reported. The race will be held from June 26 to 29. Teams from Bulgaria, Poland,..
On Thursday it will be sunny and hot again. There will be light wind from the north-northwest. The highest temperatures will be between 36° and 41°C; in Sofia - around 36°C. In the mountains it will be mostly sunny. The wind..
Prime Minister Rosen Zhelyazkov led the Bulgarian delegation at the recently concluded NATO Summit in The Hague. Speaking to journalists, he stated that an agreement had been reached — with Bulgaria’s support — for each allied country to raise its..
Another protest against the adoption of the euro took place in Sofia and other cities in Bulgaria on June 28. The protest in the capital Sofia..
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