The European Bank for Reconstruction and Development has revised upwards its forecast about the growth of the Bulgarian economy. According to its new forecast, the gross domestic product will increase with 3.5% in 2017 and with 3.2% in 2018. Consumption is expected to be the main engine of growth. The experts of the financial institution also improved their forecast about the development of the national economies in the whole Southeast Europe. The economy of the region will continue to grow in 2018, although growth is expected to slow down slightly to 3% of the GDP.
In the first four months of the year, export of goods from Bulgaria to the European Union decreased by 4.2% compared to the same period last year and amounted to 8.6 million euros, BGNES reports, quoting data from the National..
An operation by the General Directorate Combating Organized Crime and the Supreme Cassation Prosecutor's Office has uncovered the largest illegal cigarette factory to date, Radio Stara Zagora of the Bulgarian National Radio has..
Albania is extremely committed to security and peace in the region, said the Speaker of the Albanian Parliament, Elisa Spiropali, who is on an official visit to Sofia. After a meeting with her Bulgarian counterpart Natalia Kiselova,..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions,..
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
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