Will Bulgaria Have a Stable Government After Yet Another Election in June? Our Readers Have Spoken
On our Facebook page, readers were asked about Bulgaria's stability after the June elections
The World bank Group has criticized Bulgarian media outlets who published Thursday what they describe as comments by WB Country Manager Tony Thompson.
Several Bulgarian websites and print media outlets reported him as saying at an economic forum in Sofia, Bulgaria, that if a foreign or local company in Bulgaria wants to succeed it has to avoid interaction with state institutions and minimize contracts and relations with the market powers-that-be.
According to a statement the World Bank sent out to the media, however, that was a "highly distorted quote" that the international institution regrets to find out.
"We tried to clarify his statement approaching the source web agency, but they refused to correct the quote. We are disappointed that certain parties in the media have chosen to abuse their freedom of speech rights by distorting his message. It is absolutely not acceptable to take out of the context a summary of opinions and attribute it as a statement of a World Bank official," the World Bank goes on.
It adds that "Mr Thompson values deeply the close working relationship and the excellent collaboration" with the government of Bulgaria.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022