The concluding statement of the regular mission of the International Monetary Fund to Bulgaria, 25 January – 1 February, reads: “Bulgaria delivered a robust economic performance in 2018. Output is estimated to have grown by 3.2 percent in 2018, unemployment to have fallen to close to 5 percent, and the current account to have recorded another sizable surplus. Prospects for 2019 are for more of the same––we are projecting real GDP growth of 3.3 percent. However, the downside risks to this outlook have recently risen, owing to a sharper-than-anticipated slowdown in global trade and unsettled financial markets. Translating this positive momentum into faster per capita income convergence toward the advanced EU partners continues to be the key policy challenge. Deeper integration into the EU through the newly agreed ERM II preparation process will be helpful in this regard,” the concluding statement reads.
Physicist Acad. Ivan Todorov passed away at the age of 91, the press center of the Bulgarian Academy of Sciences announced. Acad. Todorov was a scientist with outstanding achievements and world recognition in the field of modern..
Sofia Airport operates normally in winter conditions, BTA has reported. The runways for take off and landing have been cleaned. The aircraft are being treated against icing. Passengers are advised to arrive at the terminals at..
Speaking to the Bulgarian National Radio, the ambassadors of Germany and France to Bulgaria Irene Plank and Joël Meyer commented on the current situation in Europe and the upcoming negotiations on Ukraine. "This is an informal..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
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