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 world-famous Italian singer Andrea Bocelli will celebrate his 30-year career with the Bulgarian audience at the Vasil Levski National Stadium . On September 14 , he will perform a spectacular concert under the stars, as Sofia is included in his..
Despite the commitment of the state, emergency doctors in Bulgaria still do not have real-time access to information about free beds in hospitals and are forced to go around hospitals until they find a medical facility for their patient, warns Dr...
Bulgarian Vice President Iliana Iotova has opened the new school year at the Bulgarian Sunday School "St. St. Cyril and Methodius" in Barcelona . She congratulated the students for their diligence in attending classes on weekends after a full week at a..
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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