The International Monetary Fund is expecting a slowdown in economic growth in this country in the medium-term. The fund mission in Bulgaria, led by Reza Baqir raised the country’s economic growth forecast to 3 percent, yet in the mid-term a growth slowdown is to be expected down to 2.5 percent due to insufficient structural reforms. Reza Baqir called attention to the fact that it is more and more difficult for companies to find qualified staff, and also that enterprises are not evenly spread out across the country’s territory which hampers growth, while the grey economy remains problem number one.
"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the state budget, the attitudes of Bulgarian citizens and the desire for a referendum. We are asking..
''There’s no money for new submarines'', said Bulgaria’s Minister of Defense Atanas Zapryanov. That’s why the defense investment projects through 2032 do not include the purchase of submarines, whether second-hand or small ones, added Chief of..
At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose Queen marked the beginning of the culminating days of the Rose Festival in Kazanlak. The festival will..
At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose..
"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the..
The Bulgarian National Radio Symphony Orchestra undertook effective protest action, as shown in videos of their June 6 concert at Bulgaria Hall, which..
sunshine, cloud, rain and thunder
Partly Cloudy
Partly cloudy, chance of rain
Clear
Mostly Cloudy