The European Commission confirmed its economic forecast about the Bulgarian economy. According to its projections, Bulgaria’s economy will grow with 3.3% in 2019 and with 3.4% in 2020. The growth rate is expected to slow down in the second half of the year due to worse external conjuncture. The positive trends in the disposable incomes will help this country maintain the dynamics of private consumption. The stable profits, suitable financial conditions and economic expectations of the local economy will encourage investments. Increased consumer confidence can encourage private spending, the forecasts also show. In the first five months of 2019 inflation accelerated due to the higher prices of fuels and foods and will continue to grow after the increase of the prices of electricity, the report further reads. Inflation is expected to slow down to 2.4% in 2019 and 1.7% in 2020.
Bulgarian students have won 4 medals at the International Chemistry Olympiad in Saudi Arabia , held from 21 to 30 July. They won one gold, one bronze and two silver medals. The gold was won by 12th grader Victor Lilov , the Science Olympic..
Tsar Assen village in the region of Silistra marks Gardeners’ Day today, dedicated to the efforts of all gardeners and farmers who help put food on the table. By a tradition, dozens of fruit and vegetable growers from the region will present..
The parliamentary group of ITN announced that today it is starting negotiations with the other political forces and independent MPs within the framework of the 50th National Assembly, after receiving the third and final exploratory mandate to form..
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