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.
For now, we do not envisage and do not propose to the Bulgarian parliament to return the conscription military service, Caretaker Minister of Defense Atanas Zapryanov told BNR. He expressed the hope that with the increase in the salaries of the military..
"What the president is right about is that everybody has to position themselves." Thus, the leader of GERB Boyko Borisov responded to the expectations of President Rumen Radev that the parties position themselves and take adequate actions on a..
MEP Ilhan Kyuchyuk, who sided with the honorary chairman of MRF Ahmed Dogan, questioned the party membership of Delyan Peevski, the leader of the other wing. "We all knew that Mr. Peevski over the years was the civilian quota of the MRF...
From today until September 15, Sofia's Vitosha boulevard and the park in front of the National Palace of Culture are transformed into a huge open-air..
It is 80 years, on 9 September, since the communist coup d'état which put an end to the Kingdom of Bulgaria. Talking about the communist past is..
Over a hundred participants in the voluntary teams of the Bulgarian Red Cross for disaster and crisis action, as well as representatives of the..
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