Podcast in English
Bulgarian National Radio © 2022 All Rights Reserved

European Commission raises Bulgarian GDP growth forecast for 2019

Photo: library

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.

Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Weather forecast: Cloudy skies and low temperatures

During the next 24 hours the weather will continue predominantly cold. During the night the weather will be calm, with fog in many parts, and showers in some regions of Southeastern Bulgaria. During the day no precipitation is in the forecast, with..

published on 12/2/22 7:55 PM

Despite the increased migrant flow, Bulgaria manages to withstand the pressure

The Bulgarian state has mobilized all available resources to resist the strong migration pressure along the border. In a telephone conversation with Austrian Chancellor Karl Nehammer today, President Rumen Radev noted that the influx of migrants to..

published on 12/2/22 7:16 PM

The Netherlands again blocks the admission of Bulgaria to Schengen

The government of the Netherlands has decided to block Bulgaria's admission to the Schengen area, the Netherlands Broadcasting Corporation announced . According to Dutch Prime Minister Mark Rutte , the decision is not political, but based on facts, and..

published on 12/2/22 7:13 PM