Bulgaria's economic expansion is expected to slow down to 3% in 2019, due to a drop in exports and deceleration in domestic consumption growth, according toFrance-based credit insurance company Euler Hermes.
According to the analysis the drop in exports is the main reason for an expected lower GDP growth rate of 3.2 percent for 2018, compared to previous years.
Consumption by households will be the main engine of Bulgaria's economic growth in 2019, but analysts are predicting a slowdown of domestic consumption. Salaries will continue to grow, though at half the rate compared to 2017. Investments are expected to glow by almost 8 percent, which, analysts say is a positive indication of recovery.
Farmers are donating 19 trucks of their produce for the farmers from Southern Bulgaria affected by the wildfires. The Ministry of Agriculture and the Southwestern State Enterprise are helping the national association United Farmers transport the..
The efforts to put out the fire on the Greek Bulgarian border continue. Two aircraft sent by France under the EU civil protection mechanism will join the efforts in the coming two days , caretaker Prime Minister Dimitar Glavchev said, and went on to..
An explosion has occurred at the Sviloza cellulose factory near Svishtov. Two employees from the factory fire service have been injured, Interior Minister Kalin Stoyanov said. The incident took place at around 11 am. The fire has now been fully..
It will be sunny on Monday. Clouds will form over the northern, central and northeastern parts of the country in the afternoon and the evening with a..
The efforts to put out the fire on the Greek Bulgarian border continue. Two aircraft sent by France under the EU civil protection mechanism will join..
On Tuesday there will be sun and temperatures will be high in the Western part of the country. Over Eastern Bulgaria there will be clouds and,..
Partly Cloudy
sunshine, cloud, rain and thunder
Mostly Cloudy