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.
As of today, the price of electricity for household consumers will rise by an average of 1.7%, while the price of central heating and hot water will decrease by 8.5%, the Energy and Water Regulatory Commission said. The biggest increase in..
Today, President Rumen Radev will hand over the first government-forming mandate to the candidate for Prime Minister nominated by the largest parliamentary group, GERB-SDS. Last week, Bulgaria’s head of state held consultations with the..
The enthronement of the newly elected Bulgarian Patriarch, Metropolitan Daniil of Vidin, is over. The new spiritual leader was welcomed in St. Alexander Nevsky Cathedral. The gathered laity chanted "Worthy" and applauded him. ''Conscious of my..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
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