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 Bulgarian military research ship “St. St. Cyril and Methodius” (NIK 421) will set off on its fourth voyage to Antarctica on November 7 . This was announced to BTA by its commander, Captain 2nd Rank Radko Muevsky, who will also lead the new mission...
Bulgaria's Energy Minister Zhecho Stankov and US Secretary of Energy Christopher Wright signed a joint statement confirming the concluded intergovernmental agreement to strengthen civil nuclear cooperation . The document was signed within the framework..
September 17 is the holiday of the city of Sofia and a day on which we honor the Holy Martyrs Faith, Hope, Love and their mother Sophia. The city got its name from the Basilica of St. Sophia located in the center of the capital city, which is among the..
Regarding a video published on YouTube, the management of VMZ-Sopot - the largest state-owned military enterprise in Bulgaria, say that..
The vote on the fifth motion of no confidence against Prime Minister Rosen Zhelyazkov's government will take place on Thursday, September 18, at 4:45..
On Thursday, the lowest temperatures will be between 8 and 13°C; in Sofia – about 8°C. During the day, there will be variable..
Clear