In the period January to September 2016 Bulgaria’s balance of payments not only remained positive, but has also registered improvement. For the first nine months of the year the balance of current and capital account of the state is positive, reaching 3.1194 billion euros or 6.9% of projected GDP, while in the same period of 2015 it was 1.9854 billion euros or 4.4 percent of GDP. The trade balance since the beginning of the year is negative and totals 1.0881 million euros or 2.4 percent of GDP. However, over the same period last year the deficit was considerably higher - 1.6118 billion euros or 3 6% of GDP.
President Rumen Radev has returned for new discussion in the National Assembly the amendments to the State Agency for National Security (SANS) Act, adopted on October 2 this year, which assign the power to appoint or dismiss the chairman of the agency..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
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