Biden's Approval Rating Hits Record Low
The public approval rating of US President Joe Biden has reached a new low,
Bulgaria has some reserve to increase its State debt as a way to boost the economy, according to Bulgaria's EU Commissioner, Kristalina Georgieva.
Speaking Friday for the Bulgarian National Radio, BNR, she, however, noted the above should be done very cautiously, with previously set goals.
Georgieva pointed out some of the demands of protesting Bulgarians such as more control on monopolies and more efficient social system, were just, while others, for example nationalizing private businesses, beared serious risks.
The Commissioner voiced her firm belief at the end, the energy of the protest rallies would lead to positive changes in the country.
She also stated she fully trusted President, Rosen Plevneliev, in his ability to deal successfully with the political crisis shaking the country.
"I fully trust the Office of the President in cautiously separating the possible demands from the impossible ones for the wellbeing of the country – what can be done short term, and what can a new Parliament and government do," Georgieva concluded.
On February 21, the Parliament approved the shocking resignation of Prime Minister, Boyko Borisov, and his center-right party Citizens for European Development of Bulgaria, GERB, amidst unprecedented since 1997 protest rallies against extensive utility bills, poverty, monopolies, which grew to a civil unrest against the political model of ruling the country.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Real estate agents have reported a surge in property purchases by foreigners in Bulgaria's resorts and major cities like Sofia, Plovdiv, Varna, and Burgas
Starting from January 1, 2025, Bulgaria aims to raise its minimum wage to at least BGN 1,080 (EUR 552), a significant increase from the current BGN 933
A comprehensive guide for Bulgarian investors looking to enter Dubai's lucrative off-plan property market, including benefits, the buying process, best areas, and essential considerations.
Bulgaria’s prospects for joining the euro in 2025 have been bolstered by a cooling annual inflation rate, which dropped to the eurozone average of 2.4% in April, marking its first dip below 3% since the summer of 2021
Many Bulgarian consumers are raising concerns about the resale of goods from Chinese sites like Temu and Shein at higher prices in Bulgarian physical and electronic stores
Coastal hoteliers are increasing employee wages by at least 20% to address the staff shortage
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU