Economic growth in Bulgaria would slow down over the next 2 years, but would remain close to its potential, according to the European Commission's autumn report. Brussels expects a moderate pace of Bulgarian exports, a fall in inflation, budget surplus and a continuing decline in public debt. The European Commission has raised its forecast for the growth of Bulgarian GDP in 2019 by 0.3% to 3.6%. For 2020, a sharp slowdown in growth to the level of 3.0% is expected. The Commission's estimates differ from the expectations of the Bulgarian Ministry of Finance. Sofia has projected GDP growth of 3.4 per cent in 2019 and 3.3 per cent in 2020.
The Joint Governance Council will work intensively, and after Tuesday, it will begin appointing deputy ministers and regional governors, said GERB leader Boyko Borissov in parliament. The Joint Governance Council is established as a decision-making..
The National Employment Agency will create a register of economically inactive Bulgarians aged between 16 and 65 who are neither studying nor working. This is outlined in a draft decree of the Council of Ministers. According to data from the National..
The third group from the 33rd Bulgarian Antarctic Expedition arrived at Livingston Island on January 17. The Bulgarian research vessel "St. St. Cyril and Methodius" welcomed and transferred the Antarctic team from King George Island to Livingston..
President Rumen Radev handed over the first cabinet-forming mandate to Rosen Zhelyazkov, who was nominated by GERB-SDS for Prime Minister. "We..
Stabilising state finances will be the main task of the Finance Ministry, its new head Temenuzhka Petkova said at her inauguration as minister. The..
After it became clear that the prospective cabinet would be backed by a coalition of GERB-SDS, There is Such a People and BSP, Premier-designate Rosen..
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