The European Commission has announced it is lowering its growth forecast for the Bulgarian economy in 2018 from 3.8 to 3.5 percent because of weaker export performance, but that nonetheless, the growth rate continues considerably above the EU average of 2.1 percent.
Inflation projections for this year are raised from 2 to 2.6 percent, but are lowered for 2019 and 2020 down to 2 and 1.8 percent respectively. The GDP is expected to continue to grow steadily in 2019 and 2020, by 3.7 and 3.6 percent respectively.
Three Bulgarians were awarded the highest state decoration of Slovakia bestowed on foreign nationals. At a special ceremony at the embassy of Slovakia in Sofia Alexander Dimitrov was awarded the Order of the White Double Cross, 3 rd..
Emil Karanikolov, Minister of Economy of Bulgaria and Mariam Al Mehairi, Minister of State for Food Security of the United Arab Emirates discussed, in Sofia, the promotion of contacts between Bulgaria and the United Arab Emirates. Over the..
The street lighting in Kapana quarter of Plovdiv will begin to flicker every time a baby is born in the city. The design for this unique effect is by Alberto Garutti from Italy and is part of the programme “Plovdiv, European capital of culture, 2019”...