The concluding statement of the regular mission of the International Monetary Fund to Bulgaria, 25 January – 1 February, reads: “Bulgaria delivered a robust economic performance in 2018. Output is estimated to have grown by 3.2 percent in 2018, unemployment to have fallen to close to 5 percent, and the current account to have recorded another sizable surplus. Prospects for 2019 are for more of the same––we are projecting real GDP growth of 3.3 percent. However, the downside risks to this outlook have recently risen, owing to a sharper-than-anticipated slowdown in global trade and unsettled financial markets. Translating this positive momentum into faster per capita income convergence toward the advanced EU partners continues to be the key policy challenge. Deeper integration into the EU through the newly agreed ERM II preparation process will be helpful in this regard,” the concluding statement reads.
The coalition BSP-United Left, which placed fifth in the parliamentary elections held on October 27, is starting a series of negotiations to gather support for its candidate for the position of Speaker of the 51st National Assembly, Natalia Kiselova,..
Chairpersons of municipal councils from Kyustendil district gathered at the railway station in Gyueshevo to declare their desire for the accelerated construction of the road and railway route of Corridor No. 8. The Chairman of the Kyustendil..
The Appellate Court- Sofia upheld the decision of the Sofia City Court, which granted the prosecution's request to issue a European arrest warrant for former Bulgarian Development Bank Executive Director Stoyan Mavrodiev. While in the previous..
On Monday, the weather will continue cloudy in most parts of the country with rain, more significant in the southeastern regions. Light snow will fall..
"We demand the resignation of the management of the Bulgarian Food Safety Agency for failing to address the problems, specifically the case with the..
On Tuesday, lows will be between 1 and 6°C, 1°C in Sofia. During the day it will remain mostly cloudy, with showers mainly in the southeast. Over..
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