The European Commission revised upwards its forecast about the growth of the Bulgarian economy in 2017. The steady growth of the Bulgarian economy is supported by high domestic consumption, the EC notes. In its autumn economic forecast the EC points out that the Bulgarian economy is expected to grow with 3.9% this year. Its previous forecast made in May this year showed that the economy of this country would mark a 2.9% increase year on year. The EC expects that in 2018 the growth of the Bulgarian economy will slow down slightly to 3.8% of the gross domestic product. The Bulgarian economy will continue to grow steadily. Inflation, which was negative for nearly three years, is now positive again, unemployment will continue to fall and salaries will mark significant increase, the forecast further shows.
The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..
Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this occasion, Caretaker Environment Minister Petar Dimitrov called for work to improve and repair the water..
From March 30, 2025, a new direct flight will connect Sofia and Pisa, Italy. A statement from Sofia Airport states that the flights will be operated by the low-cost airline Ryanair and will operate three times a week - every Tuesday, Thursday and..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The U.S. Department of State today released the data for the refused type B visas for the financial year 2024. For Bulgaria, this percentage is 6.02%,..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
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