The International Monetary Fund is expecting a slowdown in economic growth in this country in the medium-term. The fund mission in Bulgaria, led by Reza Baqir raised the country’s economic growth forecast to 3 percent, yet in the mid-term a growth slowdown is to be expected down to 2.5 percent due to insufficient structural reforms. Reza Baqir called attention to the fact that it is more and more difficult for companies to find qualified staff, and also that enterprises are not evenly spread out across the country’s territory which hampers growth, while the grey economy remains problem number one.
On Tuesday, the lowest temperatures will be between minus 5 and 0°C; in Sofia - around minus 5°C. It will remain cold and cloudy with snowfalls over most of the country and rainfall in the southeastern regions. The snow cover will..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced. Thus, its official name becomes Vasil Levski Sofia Airport. According to the Constitution, the Head of..
The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans. A statement..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
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