If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics. This was what President Rumen Radev said at the ceremony for announcing the winners of the 17th edition of "Manager of the Year" competition.
President Radev presented the award to Jesus Caballero, CEO of SOF Connect, which is the operator of Sofia Airport. Jesus Caballero said this was the best recognition for his team. "I have a vision to turn Sofia Airport into a regional hub and the first five-star airport in Europe," Caballero said and pointed out that with a capacity of 20 million passengers per year, after the completion of Terminal 3, it will be the airport with the largest capacity in the Balkans.
The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to increase to EUR 41.57 billion by 2028. The size of pension insurance is to be preserved in..
In 2025, the National Health Insurance Fund will be able to spend 1.2 billion leva (EUR 613 million) more on insured individuals, the draft budget of its Supervisory Board envisages. The health insurance contribution remains 8% of the insurable..
Bulgaria will meet the final criterion of price stability for entry into the eurozone by January. After that, politicians are in charge, Bulgarian National Bank Governor Dimitar Radev has told BNT. "Politicians must try to get the..
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