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 2022, arms exports increased with 200% and amounted to EUR 1.6 billion. The growth in revenues is 220% compared to 2020", Bulgaria’s Minister of Economy Bogdan Bogdanov said for BNT. 2022 is the second year of the last 15 years with the highest..
We will have concrete parameters of Ukraine's interest in the reactors from the unfinished Belene nuclear power plant within 60 days , Bulgaria’s Deputy Minister of Energy Iva Petrova said for “Bulgaria on air” TV. “The National Assembly, which..
The majority in the National Assembly, i.e. GERB/SDS and We Continue the Change/Democratic Bulgaria (PP/DB) and the Movement for Rights and Freedoms, rejected the proposal by the nationalist party Vazrazhdane for the holding of a referendum on keeping..
''The loss from Bulgaria's delayed membership in the Eurozone and Schengen is between 4% and 5% of the country's GDP'', Bulgaria’s Minister of Finance..
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