The European Commission confirmed its economic forecast about the Bulgarian economy. According to its projections, Bulgaria’s economy will grow with 3.3% in 2019 and with 3.4% in 2020. The growth rate is expected to slow down in the second half of the year due to worse external conjuncture. The positive trends in the disposable incomes will help this country maintain the dynamics of private consumption. The stable profits, suitable financial conditions and economic expectations of the local economy will encourage investments. Increased consumer confidence can encourage private spending, the forecasts also show. In the first five months of 2019 inflation accelerated due to the higher prices of fuels and foods and will continue to grow after the increase of the prices of electricity, the report further reads. Inflation is expected to slow down to 2.4% in 2019 and 1.7% in 2020.
It will be sunny on Thursday . There will be light and moderate easterly winds. The lowest temperatures will range from 13°C to 20°C, for Sofia 13°C. Daytime highs will range from 29°C to 37°C, for Sofia 31°C. Sunny weather is in the forecast for..
Bulgaria is the EU member state most affected by forest fires since the beginning of 2024, the Representation of the European Commission in Sofia said on Facebook. According to the European Forest Fire Information System (EFFIS), over 38 000..
There is a high probability that this would be the last regular meeting of the Council of Ministers, caretaker Prime Minister Dimitar Glavchev said at the beginning of the meeting. He wished to report on the activities of the..
President Rumen Radev appointed Bulgarian National Audit Office Vice-President Goritsa Grancharova-Kozhareva as the next caretaker Premier. The..
The emblematic Egyptian vulture is making a comeback after being on the verge of extinction, the Bulgarian Society for the Protection of Birds (BSPB)..
On Saturday the weather in Bulgaria will be sunny . Over Central and Eastern Bulgaria there will be temporary increases in clouds and in places it will..
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