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.
A protest took place in Velingrad in support of the farmers whose flocks of sheep have been quarantined because of positive tests for sheep and goat plague. To stop the spread of the disease, access to the area around the farms has been..
Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..
The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey cosmetics. The initiative for the event belongs to the regional apiary union and the Pleven..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the..
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