Competition

The conclusion of the Bulgarian National beauty pageant, Miss World and Universe Bulgaria 2018, was in favor of Kalina Mitevawho was crowned Miss World Bulgaria 2018. She succeeded Miss World Bulgaria 2017 Veronika Stefanova.

Greece needs to achieve some pretty impressive growth rates if it is to ever counterbalance the enormous cost of the economic crisis.

But this much-needed growth will not come if the government continues to unravel reforms that have already been implemented in the labor market, throws around special handouts and starts giving raises in the public sector, just like the good old days.

The Netherlands hope Greece will continue to implement sound economic policies now that the country has exited its third bailout program, the country's Ambassador to Athens, Caspar Veldkamp, said on Monday.

In a market where power companies are increasingly turning to call centers to advertise electricity packages over the telephone, consumers in Greece need to be cautious when considering switching energy providers, the Regulatory Authority for Energy (RAE) warns.

A number of problems have been hindering businesses to raise their competitiveness and to take new investment decisions in Turkey, including a weaker Turkish Lira, rising inflation rates and high interest rates, the head of the country's to business association has said.

About 2000 start-ups have been set up in the past five years in Bulgaria. About half still exist and 40% have received further funding from investment funds. This was announced by Deputy Minister of Economy Alexander Manolev in the presentation of the "Promotion of Entrepreneurship" procedure of the Operational Program "Innovation and Competitiveness" in Plovdiv.

The EU's committee of permanent representatives (Coreper) today endorsed an agreement between the Council, represented by the Bulgarian presidency, and the European Parliament on new measures to bring the enforcement of competition rules in line with the digital age and to tackle illegal competition practices in the EU.

The Greek economy's competitiveness remains weak, illustrating that the mix of reforms and fiscal policy has not fetched the anticipated results.

Under the Operational Program "Innovation and Competitiveness", there are serious investments for the development of clusters in Bulgaria.

Families in Greece with an average monthly salary of 900 euros pay particularly high taxes in return for an almost nonexistent benefits policy and a poor education system, according to the Organization for Economic Cooperation and Development (OECD).