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.
Today, t he Rozhen Monastery "Nativity of the Theotokos" will celebrate its patron saint's day with a procession with the miraculous icon of "Theotokos – Portaitissa" and a blessing of the sacrificial (kurban) meal. The monastery lost its..
It will be sunny on Sunday with a temporary increase in cloudiness over the eastern parts of the country and the mountains in the afternoon . Daytime highs will range from 25°C and 30°C, for Sofia around 27°C. It will be mostly sunny over the..
Tsanko Tsankov became the first swimmer to cover a distance of over 100 kilometers in the Danube River. "Tsanko Tsankov did it! 108 kilometers and 250 meters in the Danube River – 18 hours, 12 minutes and 32 seconds! Non-stop swimming!..
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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