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.
In the recommendations of the European Commission to the economies of the EU countries, for Bulgaria it is said that, together with 14 other countries in the community, it does not comply with the requirement for a budget deficit of 3%. The deficit..
At the end of 2022, Bulgarians kept over EUR 36 billion in banks, an increase of 8.2% compared to 2021. But the number of households’ bank deposits has gone down by 2% within the space of a year, and they are now almost 8.9 million. 55% of these..
Higher inflation compared to the average values for the European Union and low growth rates - this is predicted by the macroeconomic forecast for Bulgaria until 2025 of the Institute for Economic Research of the Bulgarian Academy of Sciences ...
One of the largest Jordanian companies in the mining industry is interested in a partnership with the mining sector in Bulgaria. The Chairman of the..