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.
The Bulgarian-Romanian border is now monitored from the air. The start was made on the Romanian side in Giurgiu in the presence of the Bulgarian partners from the Border Police in Ruse. Chief Commissioner Viorel Kiran said that the area of the..
President Rumen Radev appointed Bulgarian National Audit Office Vice-President Goritsa Grancharova-Kozhareva as the next caretaker Premier. The constitution does not specify a deadline for the caretaker Prime Minister to present the cabinet lineup,..
At the end of July, Turkiye sent a diplomatic cable to Bulgaria requesting additional water quantities from the Maritsa River. There is no regulated runoff on the river. The situation in Bulgaria is also extremely worrying due to climate changes and..
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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