Sunny Weekend Ahead with Scattered Mountain Showers in Bulgaria
Saturday will start with sunshine across the country, though cloudiness will build as the afternoon progresses
According to a World Bank report, Bulgaria has been recognized as one of the leading countries for business operations. Lachezar Bogdanov, Chief Economist at the Institute for Market Economy, discussed the findings during an interview on Nova TV.
He explained that various factors influence business development, including regulations, the regulatory environment, and taxation. While Bulgaria performs well in certain areas, Bogdanov stressed that this alone is not sufficient for sustained growth.
The economist highlighted the importance of drafting the national budget for the coming year. He pointed out the need for clarity on the timing and allocation of funds from the National Recovery and Resilience Plan and operational programs. Additionally, preparing forecasts for the next two years and providing clarity regarding the future of the euro are crucial. He emphasized that addressing these issues is contingent upon resolving the ongoing political crisis.
Lyudmila Elkova underscored that joining the eurozone goes beyond mere procedural steps
As Bulgaria stands on the verge of adopting the euro, the country faces a sharp rise in counterfeit banknotes
In the first quarter of 2025, Bulgaria experienced one of the steepest increases in house prices across the European Union
The 2025 edition of Coface’s annual survey on payment discipline among German companies reveals a further decline in payment behaviour
With Bulgaria preparing to adopt the euro as its official currency, changes in how retail transactions are processed are on the horizon
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