The national priorities must be Schengen membership by the end of this year, entering the Eurozone by January 2025 and the Organization for Economic Cooperation and Development (OECD) by 2026, said the Bulgarian Industrial Capital Association (BICA). Employers expect MPs to elect a National Assembly speaker and a regular cabinet and adopt a regular budget, BICA President Vasil Velev said for the BNT. BICA calls for reducing the costs for administration, which increased with 112% as compared to 2019. According to BICA, social spending also increased too much.
“If nothing changes, there will be a budget deficit of about 7%. If our goal is to have a 3% deficit, our GDP has to be twice as big, which cannot happen in the next 5 or 6 years”, Vasil Velev said.
The Consulate General of Bulgaria in Toronto has sent an invitation via Facebook to Bulgarians in Canada to participate in a solemn rose planting ceremony in the municipality of Niagara Falls. The planting ceremony is scheduled to..
In 2025, 1.3 million euros are planned for the implementation of the program for support of organizations of Bulgarian communities from Albania, Serbia, Kosovo, Ukraine and Moldova and of citizens of North Macedonia with Bulgarian..
Sofia is hosting a trilateral meeting of the defence forces heads of Bulgaria, Romania and Turkey. The Ministry of Defence announced that, at the invitation of Chief of Defence Admiral Emil Efimov, the heads of the Romanian and Turkish defence forces,..
One million vehicles have passed through the Greek Promachonas checkpoint on the border with Bulgaria (opposite Kulata) since the beginning of the year,..
EU Commissioner for Home Affairs and Migration Magnus Brunner, together with Bulgarian Interior Minister Daniel Mitov and Greek Deputy Minister for..
A segment of a global money laundering network operating through financial fraud has been dismantled, the Sofia District Prosecutor's Office and the..
Partly Cloudy
Clear