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.
Bulgaria will not yet request an extraordinary convergence report - a key step towards joining the eurozone. This was announced by Finance Minister Temenuzhka Petkova from the rostrum in Parliament. She said that during her meetings with the EU..
On the eve of February 1 - the day on which Bulgaria pays homage to the victims of the communist regime - the We Continue the Change-Democratic Bulgaria (PP-DB) party announced that it was tabling a bill for the removal of all monuments that symbolise..
The Bulgarian Orthodox Church (BOC) is the only representative of the country's traditional Eastern Orthodoxy. This was decided by MPs in the final amendments to the Law on Religious Denominations. The amendment, which states that only the BOC can use the..
Taxi drivers gathered at Sofia Airport in protest, blocking access to Terminal 2 for a short time on Friday afternoon. They are unhappy with the new..
On this day in 1905, 15 enthusiasts, university students, climbed the highest peak in Mount Vitosha near Sofia, in winter for the first time –..
On Saturday, fog or low clouds will cover the plains and sheltered valleys. Minimum temperatures will be between 0 and 5°C, around 1°C in Sofia. Sunny..
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