The International Monetary Fund has raised its forecast for Bulgaria’s economic growth up to 3 percent this year and to 2.8 percent next year. This is said in its report for the global economic outlook. In April IMF expected Bulgaria’s GDP to grow by 2.3 percentboth in 2016 and 2017. The fund now predicts that Bulgaria will see deflation of 1.6 percent in consumer prices this year while its April forecast was at just 0.2 percent. The institution has predicted an acceleration of inflation to 0.6 percent next year. The forecast for the level of 2016 unemployment in the country has been reduced to 8.2 percent down from 8.6 percent as forecast in April. IMF expects that in 2017 unemployment will be down to 7.1 percent.
There is a channel for the transfer of workers to Western Europe, said Veselin Nalbantov, deputy chairman of the Bulgarian Hotel and Restaurant Association. Mysterious disappearances of Nepalese and Sri Lankan workers on the Black Sea coast..
According to the plan for the development of the electricity transmission network of Bulgaria 2024-2033 of the Electricity System Operator, as of 2033, production from renewable energy sources (RES) will exceed 50% of the projected electricity..
Thursday will be mostly sunny. In the afternoon there will be clouds and occasional rain, but mainly in the mountains, the Danube plain and the Upper Thracian plain. Lows will be between 16 and 22°C, 17°C in Sofia, and highs - between 31 and 38°C, 32°C..
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...
In 2023, farming products and food accounted for 47% of Bulgaria’s total exports to China. With regard to these exports in 2022 and 2023, Bulgaria..
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