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Bulgaria has to continue to improve collectability of taxes and take measures for reducing the size of the grey economy, recommended the European Commission.
The World Bank warned that, at this rate of labour productivity, an entire generation will be needed in order to reach the average levels of income and living standards in the EU.
The data was presented at a forum in Veliko Tarnovo dedicated to the possibilities for growth in 2017.
The advisor on economic development Georgi Yanakiev pointed out that, according to the EC, one of the most serious problems which Bulgaria faces is the high percentage of long-term unemployed.
“More than 62% of the unemployed are long-term unemployed and their options of joining the labour market again are extremely limited. Every fifth person entering the ranks of the unemployed at the moment is of Roma origin.”
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EU Commissioner for Home Affairs Ylva Johansson conducted an inspection of border control measures at Sofia Airport, marking a significant step in Bulgaria's accession to the Schengen Area by air
In a recent meeting of the European Council, Acting Prime Minister Dimitar Glavchev underscored Bulgaria's unwavering support for Ukraine amidst discussions surrounding the fight against disinformation and foreign manipulation of information
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
European leaders have reaffirmed their unwavering commitment to Ukraine, pledging urgent assistance to bolster the nation's defense capabilities
Bulgaria finds itself at the bottom of the list in terms of citizens who believe in the benefits of EU membership, according to the latest Eurobarometer survey results
Slovak Prime Minister Robert Fico has announced Slovakia's opposition to Ukraine's bid for NATO membership, emphasizing the need for a neutral Ukraine to safeguard Slovakia's interests
Bulgaria's Minister of Defense Todor Tagarev admitted the possibility that an explosive device might have been planted on board the crashed plane in which Yevgeny Prigozhin was traveling
The European Commission has announced that it is preparing criminal proceedings against Bulgaria, Cyprus, Greece, Malta, and Portugal for incorrect application of the rules on the exchange of data on criminal records and the establishment of the relevant
The European Commission has started an evaluation of the Plan for Reconstruction and Development of Bulgaria, said the spokesman of the European Commission Eric Mamer. The document was submitted to the Commission on 15 October.
58% of Bulgarians do not support the introduction of the euro as the official currency in the country. This shows a study prepared by Trend agency specifically for the financial forum NEXT DIFI 2021, organized by b2b Media for the fifth year. The data dur
Too late Bulgaria began to explain its own position towards North Macedonia, as it should have been clear to our European partners some time ago.
An SPD-led government in Germany has significant potential to sharpen international attention to the problems of corruption in Bulgaria.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
