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.
''The chances of forming a government with the third mandate are slim, but a miracle could happen'', We Continue the Change – Democratic Bulgaria Co-Chairman Atanas Atanasov said. Speaking to BNR, Atanas Atanasov said that the coalition We Continue..
The situation with the fire at the Bulgarian-Greek border is quite severe, said caretaker Minister of Interior Kalin Stoyanov. Two Greek helicopters, two airplanes and two Bulgarian military helicopters are involved in the firefighting efforts. ''The..
Traffic is intense at some border checkpoints with Romania, Serbia and Turkiye, Border Police said. At the border with Romania, Traffic is heavy at Kardam checkpoint for outbound freight vehicles. Traffic is also heavy for cars entering and..
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,..
An explosion has occurred at the Sviloza cellulose factory near Svishtov. Two employees from the factory fire service have been injured, Interior..
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