In October, economic confidence in the EU plummeted to a six-year low while the same index of the European Commission for Bulgaria has been rising. The EU's economic confidence index declined in October to 99.0 points from 99.9 points in September. This is the lowest level since November 2013. The deterioration of business sentiment is due to a drop in the euro area and a decrease in the index for Poland by 1.9 points. In Bulgaria there is an improvement for the second consecutive month from 104.7 points in September to 105.6 points in October. The increase in local business attitudes is due to the confidence of Bulgarian service and construction managers, but there is also a decline in business attitudes in the industry.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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