The European Commission has announced it is lowering its growth forecast for the Bulgarian economy in 2018 from 3.8 to 3.5 percent because of weaker export performance, but that nonetheless, the growth rate continues considerably above the EU average of 2.1 percent.
Inflation projections for this year are raised from 2 to 2.6 percent, but are lowered for 2019 and 2020 down to 2 and 1.8 percent respectively. The GDP is expected to continue to grow steadily in 2019 and 2020, by 3.7 and 3.6 percent respectively.
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel Vezhen, which was in the area at the time of the damage. It sails under the Maltese flag and is owned by..
China has banned the import of sheep, goats, poultry and equines from African, Asian and European countries. The ban from the world's largest meat importer affects Ghana, Somalia, Qatar, Congo, Nigeria and Tanzania, Egypt, Palestine, Pakistan,..
Bulgarian exports to the USA in 2023 are worth 1.1 billion dollars, and number 1 on the export list with a share of nearly 19 percent are "coins that do not have an official exchange rate, other than gold coins" . This was reported by the Sega website..
Bulgarian exports to the USA in 2023 are worth 1.1 billion dollars, and number 1 on the export list with a share of nearly 19 percent are "coins that..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel..
The benefits for Bulgaria from full entry into Schengen are estimated at over 800 million euros per year. The largest benefits will be for manufacturers..
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