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 military conflict between Israel and Iran is a threat to the security of the entire region,” said PM Rosen Zhelyazkov and expressed the hope that there will be no wider-scale clash. “Because that would mean a truly serious war in the Middle..
The Ministry of Interior is planning changes to the guidelines for the use of body cameras by police, as well as additional training for the staff regarding apprehension procedures. This was announced after a meeting between the Ministry..
According to a survey by sociological agency Sova Harris conducted in June, the government’s information campaign on the country’s entry into the Eurozone is unconvincing, the Bulgarian news agency BTA reports. 60.1% of the respondents say that by..
Just a week after receiving the positive convergence reports on Bulgaria’s entry into the Eurozone, all major financial funds have stated their..
The 18 th edition of Sofia Pride is taking place in Sofia today under the motto: We are people, not propaganda, a reminder that behind every story,..
Galin Tomov created an impressive portrait of President Donald Trump especially for his birthday (June 14) on a carpet, using a traditional Bulgarian..
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