The World Bank has lowered its forecast for the growth of the Bulgarian economy for the current year to 3.3% compared to 4.3% in its June report. In 2022, the institution expects Bulgaria’s growth to accelerate to a level of 3.7%.
At the same time, the bank forecasts a weaker contraction of Bulgaria's GDP for past year - by 5.1%, compared to the initially projected 6.2%. This was announced today by the bank, quoted by Reuters.
A Japanese-Bulgarian business forum is being held in Sofia, organized jointly by the Japan External Trade Organization (JETRO ) and the Bulgaria Invest Agency . "I am leading a delegation of a hundred people, a fact that speaks volumes about..
EU energy ministers are meeting in Luxembourg to discuss the energy sector's contribution to the EU's competitiveness, wholesale electricity prices and winter preparedness. At the request of Greece, supported by Bulgaria, Romania and Croatia,..
BGN 1 billion (EUR 510 million) under the Strategic Plan for Agriculture and Rural Development 2023-2027 will be distributed between municipalities in Bulgaria in December 2024, said caretaker Minister of Agriculture and Food Georgi Tahov at the..
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the..
Partly Cloudy
Mostly Cloudy
Clear