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 weather on Friday will be sunny . Cloudy skies are expected in the northwestern half of the country. Mostly in the mountains of western and central Bulgaria, it will rain. Minimum temperatures will be between 14 and 21°C, in Sofia - 15°C...
At the beginning of the political consultations for the appointment of a caretaker prime minister and cabinet, the head of state indicated that the election campaign has practically started. According to Rumen Radev, the 50th National..
The National Assembly has ratified a Memorandum of Understanding between the Ministry of Defense of the Republic of Bulgaria and the Ministry of National Defense of Romania for the establishment of a Regional Special Operations Component Command..
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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