The International Monetary Fund has raised its forecast for Bulgaria’s economic growth up to 3 percent this year and to 2.8 percent next year. This is said in its report for the global economic outlook. In April IMF expected Bulgaria’s GDP to grow by 2.3 percentboth in 2016 and 2017. The fund now predicts that Bulgaria will see deflation of 1.6 percent in consumer prices this year while its April forecast was at just 0.2 percent. The institution has predicted an acceleration of inflation to 0.6 percent next year. The forecast for the level of 2016 unemployment in the country has been reduced to 8.2 percent down from 8.6 percent as forecast in April. IMF expects that in 2017 unemployment will be down to 7.1 percent.
Bulgaria and 15 other EU countries sent a letter to Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, calling on her to initiate joint diplomatic efforts aimed at securing global support for a ceasefire in Ukraine, the..
On Thursday, lows will be between 9 and 13°C, reaching 9°C in Sofia. It will be mostly sunny during the day, but the atmosphere will be unstable with the development of cumuliform clouds around noon. Rain is expected, and thunderstorms and hail are also..
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it, banks in Bulgaria offer the lowest interest rates in Europe on newly granted loans to households for..
55% of Bulgarians do not feel informed about the introduction of the euro in Bulgaria, while 41% express the opposite opinion, according to a..
The Trade Union of Bulgarian Medical Specialists has declared readiness for protest actions and an effective strike, according to a statement published..
Friday will be mostly sunny. Cumulus clouds will form in the afternoon and in many places there will be short-term, temporarily intense..
Thunderstorms 
Partly cloudy, chance of rain
Occasional showers
sunshine, cloud, rain and thunder