The WB is preparing a new strategy for partnership with Bulgaria in the period from 2011 through 2015, the council of ministers informs on its website. The new strategy will back the country to achieve sustainable growth focusing on policy reforms and strengthening the institutional capacity in specific sectors. The WB will provide technical and analytical assistance. The institution will grant if necessary supplementary financing to EU grants from the structural and cohesion funds. The executive directors board is to discuss the new strategy in May. |
The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more