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 continues consultations with parliamentary groups for the formation of a new government, after meeting with GERB-SDS and PP-DB today . However, a meeting with DPS - A New Beginning led by Delyan Peevski is not scheduled. This..
At a meeting with caretaker Premier Dimitar Glavchev, National Assembly Speaker Natalia Kiselova reaffirmed her intention that the state budget for 2025 be adopted as soon as possible. Before that, however, the parliamentary committees are to..
The formation of a majority is a pretty challenging task in a highly fragmented parliament. I am glad that parliament is starting its work in substance, said President Rumen Radev at the beginning of his meeting with representatives of GERB/SDS at..
On Tuesday, the weather will be predominantly cloudy with rain, more significant precipitation is in the forecast for Eastern Bulgaria. The..
The Sofia Regional Health Inspectorate has reported the country's second case of monkeypox this year, registered last week.The infected person is 37..
Acting Bulgarian Prosecutor-General Borislav Sarafov has asked Parliament to lift the immunity of Kiril Petkov, an MP and co-leader of the People's Party..
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