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.
President Rumen Radev urged the representatives of the parliamentary group of There Is Such a People (ITN) to begin negotiations with the other political formations in the 50 th National Assembly immediately. Rumen Radev handed ITN the third and..
The government of Bulgaria is following, with increasing concern, the statements and declarations by officials from North Macedonia, aimed at violating international commitments in the sphere of infrastructure connectivity, including the..
Bulgaria is among the EU countries with the highest number of people with higher education employed on permanent contracts. According to the EUROGRADUATE 2022 survey conducted in 17 countries, the unemployment rate among bachelor's or master's degree..
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,..
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