“The International Monetary Fund upped its growth forecast for the Bulgarian economy to 3 percent of the country’s GDP; to this moment expectations were of a 2.3 percent contraction,” said Reza Baqir, head of the regular IMF mission in Bulgaria at a meeting with Prime Minister Boyko Borissov.
Reza Baqir reiterated the good rating given bank assets as well as the stress tests of the commercial banks in Bulgaria by the IMF’s experts. In his words the results of this unprecedented procedure indicate that the Bulgarian financial system is stable and secure and the institutions regulating and monitoring banks are working to top international professional criteria. The principal economic risks the country faces are the demographic picture and the big economic and social imbalances between individual regions in Bulgaria, the IMF points out.
A photo exhibition dedicated to renowned Bulgarian basso Boris Christoff opens in Sofia on 28 August. The exposition is organized by Plovdiv municipality’s Culture, Archaeology and Cultural Heritage department, and celebrates the 110 th birth..
Sunday will be mostly sunny. In the afternoon, clouds will develop over eastern Bulgaria, but there will only be isolated showers and thunderstorms. There will be light to moderate winds from east-northeast. Maximum temperatures will be between 33°C and..
Military Minister Atanas Zapryanov has confirmed to journalists that he would accept to remain in the next caretaker cabinet if offered the post. "The main long-term priority in the next caretaker mandate will be personnel. We will develop a..
Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading..
As the snap election draws nearer, GERB leader Boyko Borissov called for shared responsibility with the other political forces. This took place at a..
23 August is a day of commemoration of the victims of the crimes committed by the national socialist, communist and other totalitarian regimes...
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