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.
The claims of Bulgarian citizens investigated for espionage in the UK about their links to the "highest echelons" of power in Bulgaria, are not based on any factual evidence and are as absurd as the manipulative abuse of them, reads a statement by the..
''Vazrazhdane'' is submitting a draft resolution on the coutry's withdrawal from the agreement with the World Health Organization (WHO), the party said. ''Vazrazhdane'' demands that the cabinet terminates the Basic Agreement between the Government of..
The war in Ukraine has no military solution and diplomacy should prevail, said President Rumen Radev, who hosted the traditional annual reception for the heads of diplomatic missions accredited in Bulgaria. At the event, held at the National History..
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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