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.
Most of the country will see sunshine before noon on Wednesday. In the afternoon, cumulus clouds will form in many areas, bringing rain. There will be moderate and occasionally strong north-westerly winds. Maximum temperatures will range from 19°C to..
"The unilateral decision of Dzhevdet Chakarov to leave the chairmanship of DPS-DPS is a pitiful personal capitulation to Delyan Peevski (leader of DPS - New Beginning). Such actions are in sharp contrast to the moral and democratic principles on which..
Nearly 36,000 young people, including 561 from Bulgaria, will be able to travel for free across Europe thanks to their participation in the European Commission's DiscoverEU initiative. The trips must take place between 1 July 2025 and 30 September..
Household consumers will remain on the regulated electricity market for an unlimited period, said Energy Minister Zhecho Stankov at a briefing at the..
On Thursday, minimum temperatures will range from 8°C to 14°C. Around 9°C is expected in Sofia. Cloud and rain expected in western and central Bulgaria..
In the first quarter of 2025, 1.1 million Bulgarian citizens made tourist trips. 75.7% of them traveled only in the country; 20% - only abroad, and 4.3%..
+359 2 9336 661