A report of the Bulgarian Academy of Sciences presented on Monday in Sofia forecasts that Bulgaria’s economy would slow down in 2016. The scientists expect that the growth of the gross domestic product of that country would be 1% lower as compared to 2015 due to the end of the former programming period and the slowdown of the EU funds absorption in the beginning of the new programming period. The Bulgarian labor market has been showing positive signs, employment has been increasing recently and unemployment level has been dwindling. However, the decrease of the labor force in Bulgaria due to the ongoing demographic crisis is very alarming, the authors of the report contend.
The benefits for Bulgaria from full entry into Schengen are estimated at over 800 million euros per year. The largest benefits will be for manufacturers and exporters. But while this macroeconomic effect is awaited, the benefits are already being felt..
On Monday, a section of the international road E-75 in Serbia will be blocked, the situation center of the Ministry of Foreign Affairs announced. The blockade is expected to be at the "Autokomanda" road junction, which is part of the..
On Monday, the lowest temperatures will be between minus 1 and 4°C; in Sofia – around 0°C. During the day, it will be mostly sunny. Before noon, in places in the valleys there will be fog or low cloudiness. The highest temperatures..
''Bulgaria has welcomed with great relief and joy the release of Bulgarian citizen Daniela Gilboa, who had been held captive by Hamas. This positive..
The Bulgarian National Radio has presented its annual journalism awards "Sirak Skitnik". The grand prize went to Tsveti Radeva, host of the folk music..
By the end of next week, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will send the government its proposals to be..
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