In the first quarter of 2016 the GDP of Bulgaria marked a 2.9-percent growth compared to the same period in 2015, while consumption registered a growth of 2.4 percent. Unemployment rate has been decreasing and according to the Employment Agency it was 9.9 percent in March, which is 1.1 percent lower than the level from same period last year. Bulgaria is third in the EU when it comes to lowest government debt, it was reported. Revenues and grants under the consolidated budget at the end of March reached some 5.09 billion euro and marked a growth of 664.29 thousand, or 16.7 percent compared to the first quarter of 2015. The fiscal reserve of this country totals 6.07 billion euro as surplus is 950.51 thousand euros. The data were presented by Bulgarian Finance Minister Vladislav Goranov at today's cabinet meeting.
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July 2-16, the Bulgarian news agency BTA reports. The last time such an operation was carried..
Metropolitan Daniil of Vidin has been elected as the new Bulgarian Patriarch. He received 69 votes. Metropolitan Gregory of Vratsa received 66 votes...
The enthronement of the newly elected Bulgarian Patriarch, Metropolitan Daniil of Vidin, is over. The new spiritual leader was welcomed in St...
It will be sunny on Monday. There will be light southeasterly wind in the eastern parts of the country. The hot weather continues with maximum..
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