Deputy Economy Minister Sofia Kassidova and US Ambassador to Bulgaria Richard Miles participated in a panel on the challenges that Bulgaria faces at Harvard`s University Kennedy School of Government in the United States. The two speakers highlighted different economic, political and social aspects of the convergence process, as well as the major obstacles faced by Bulgaria, commenting on the way to overcome them. Special emphasis was given on the economic development of Bulgaria and intense efforts to provide macroeconomic stability, transparency, deepened capital markets and a solid institutional growth that will enable growth. Scholars from Harvard, MIT and Tufts Universities were among the panelists. They talked about “the reform fatigue” that the country is suffering from. They also illustrated the challenge of adapting the Bulgarian society and administration in order to comply with European Union accession. The event was organized by the Kokkalis Program on Southeastern and East-central Europe in collaboration with the Sofia branch of the United Nations` Refugee Agency.
Former caretaker justice minister Krum Zarkov has been elected as the new leader of the Bulgarian Socialist Party following a vote at the party’s 51st Congress, held in Sofia on Saturday.
Bulgaria’s demographic crisis has moved beyond the realm of statistics and has become a matter of national security, according to Associate Professor Spas Tashev
GERB leader Boyko Borissov has urged President Vezhdi Yotova to swiftly appoint a caretaker government, warning that Bulgaria is once again facing an institutional vacuum
Three political groups in the Sofia Municipal Council have demanded the removal of Stilyan Manolov, head of Stolichni Autotransport EAD, citing a controversial bus procurement deal they claim harms the city’s residents.
The European Commission has recommended a new submarine cable connecting Bulgaria as part of its Cable Projects of European Interest (CPEI), under the EU’s Action Plan on the Security of Submarine Cables
Bulgaria is on track to potentially join the Organization for Economic Cooperation and Development (OECD) by 2027, though significant steps still need to be completed to secure full membership
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