Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria’s GDP growth to slow down in 2016: Bulgarian Academy of Sciences

Photo: library

A report of the Bulgarian Academy of Sciences presented on Monday in Sofia forecasts that Bulgaria’s economy would slow down in 2016. The scientists expect that the growth of the gross domestic product of that country would be 1% lower as compared to 2015 due to the end of the former programming period and the slowdown of the EU funds absorption in the beginning of the new programming period. The Bulgarian labor market has been showing positive signs, employment has been increasing recently and unemployment level has been dwindling. However, the decrease of the labor force in Bulgaria due to the ongoing demographic crisis is very alarming, the authors of the report contend.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Almost summer temperatures expected in Bulgaria on the last day of the working week

On Friday the weather in Bulgaria will be mostly sunny. There will be more significant cloudiness over Northwestern Bulgaria and there will be short-term rain in places in the afternoon. There will be a moderate wind, in the regions north of the..

published on 3/13/25 7:15 PM

Bulgaria's Constitutional Court declares the election of 16 MPs illegal, Velichie party above 4% threshold

Bulgaria's Constitutional Court has declared the election of 16 MPs in the current Bulgarian Parliament illegal . The decision was published on the institution's website. The Constitutional Court's decision makes it clear that after the..

published on 3/13/25 4:35 PM
Iliyan Cholev, professor in religion in Razgrad

62% of parents are against a mandatory subject "Religion" in schools, shows poll

62% of parents are categorically against the introduction of a mandatory subject "Religion and Orthodox Christianity", and only 10% consider the lack of religious education to be a significant problem. This is shown by a survey by the Parents..

published on 3/13/25 3:16 PM