Bulgaria’s economic growth in 2023 will be 1.7%, the World Bank forecast in a new report. The expected rise has been lowered from the 2.6% growth forecast announced in June. For Eastern Europe, the latest expectations are for growth of 1.1 percent.
Global growth will slow "dangerously close" to recession in 2023, according to the institution, which has slashed its economic expectations due to high inflation, rising interest rates and the war in Ukraine.
A sharp, protracted slowdown is likely to push global growth down to 1.7 percent, nearly half the pace previously forecast and among the weakest in decades, the Washington-based institution said.
Economic freedom in Bulgaria continues to decrease, according to the latest published research of the Institute for Market Economics, conducted jointly with the Fraser Institute, based in Canada. In the Economic Freedom of the..
The new political season has barely dawned yet various protest actions are taking place every day in front of the parliament building. Today, 19 September, miners and energy workers are blocking the centre of Sofia. The protest is organized by the..
"Lukoil Neftohim Burgas" will fulfill its commitment to switch to non-Russian oil processing, company representatives said at a meeting with Bulgarian Prime Minister Nikolai Denkov. They discussed the deadlines for this before the..
Economic freedom in Bulgaria continues to decrease, according to the latest published research of the Institute for Market Economics,..
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