Bulgarian Opposition Accused of Undermining Eurozone Bid Amid No-Confidence Votes
Interior Minister Daniel Mitov (GERB party) has accused part of the Bulgarian opposition of attempting to obstruct the country’s path to eurozone membership
"Invest wisely," is the message of Bulgarian Prime Minister, Plamen Oresharski, to the business sector for the new 2014.
"Investments should be made with careful consideration of the extent of recovery of domestic and foreign markets," says the Prime Minister in an interview for "Standard" daily.
He is firm the government is beginning the year "on the clean" as for the first time since 2008 all owed Value Added Tax (VAT) has been returned to the private companies, all while the centralized administrative pressure on the business sector has been stopped.
"The government is applying efforts to increase opportunities for export to third countries by opening trade offices outside Europe," explains Oresharski.
"I expect the opposition parties to continue their aggressive campaign against the government, but I do not think the majority of Bulgarians support the manipulated destructive processes and street forms of opposition," is how the PM outlines his expectations for next year.
"The confrontation of the past four years is now yielding negative results - our society is fragmented and disintegrated to a dangerous level. Hopefully, next year we will feel the first effects of the changed economic and social policies and will initiate a process of normalization," says Oresharski.
The government will also focus its efforts on encouraging parenthood because of the worsening demographic structure. To have voters in the future," the Prime Minister points out.
Despite the global escalation of the trade war, there have been no significant negative trends in Bulgaria’s tourism sector so far
Intercompany debt is a common aspect of the business landscape, both in Bulgaria and Western Europe
Starting April 17, Bulgaria Air has launched a new seasonal direct route between Varna, Bulgaria, and Paris, France
Bulgarians may begin exchanging their lev for euros if the upcoming convergence report
In July, Bulgaria’s eurozone entry plans will be definitively clarified
A recent survey by the Bulgarian Industrial Capital Association shows that many Bulgarian companies anticipate a decline in production due to the new tariffs on imports announced by U.S. President Donald Trump
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase