Bulgaria’s gross domestic product is to decrease by 4% in 2020 and then regain ground with 4.1% growth in 2021 the International Monetary Fund forecasts in its latest World Economic Outlook report presented on Tuesday.
IMF expects that inflation in Bulgaria will slow down from 2.5% in 2019 to 1.2% in 2020 and then increase to 1.7% in 2021.
Unemployment in Bulgaria is to increase from 4.2% in 2019 to 5.6% in 2020. In 2021, Bulgaria’s unemployment is expected to fall to 4.5%, IMF further forecasts.
In the village of Slaveyno near Smolyan, the Union of Thracian Societies in Bulgaria is organizing a National Gathering-Pilgrimage on August 2 and 3. The festival is dedicated to the 122nd anniversary of the Ilinden–Preobrazhenie Uprising and the 145th..
On Saturday minimum temperatures will range between 15 and 23° C., for Sofia 15° C. During the day the weather will be predominantly sunny, cumulus clouds will form around and after midday. There will be rain and thunder mostly in the mountain..
Firefighting continues in Pirin Mountain, BNR correspondent Keti Trencheva reports. At a briefing, Commissioner Valentin Vassilev, regional director of the fire department in Blagoevgrad, pointed out that currently there is one serious front - above..
Firefighting equipment should be purchased for the Air Force, where an organisation and crew are already in place , rather than for the Ministry of the..
The base interest rate in the country is being reduced to 1.82% as of 1 August 2025, the Bulgarian National Bank (BNB) has announced. The reduction is..
On Friday, the lowest temperatures will range from 14°C to 22°C, 16°C in Sofia. During the day, it will be mostly sunny over the northwestern and..
Partly Cloudy
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sunshine, cloud, rain and thunder