The International Monetary Fund has raised its forecast for Bulgaria’s economic growth up to 3 percent this year and to 2.8 percent next year. This is said in its report for the global economic outlook. In April IMF expected Bulgaria’s GDP to grow by 2.3 percentboth in 2016 and 2017. The fund now predicts that Bulgaria will see deflation of 1.6 percent in consumer prices this year while its April forecast was at just 0.2 percent. The institution has predicted an acceleration of inflation to 0.6 percent next year. The forecast for the level of 2016 unemployment in the country has been reduced to 8.2 percent down from 8.6 percent as forecast in April. IMF expects that in 2017 unemployment will be down to 7.1 percent.
Overnight it will be clear. The wind will die down in most areas. After midnight along the Danube River, in lowlands and near rivers fogs will form and visibility will be reduced with low clouds. Minimum temperatures will be between minus 3°C and 2°C,..
The ambassadors of the EU Member States have reached a preliminary agreement on the draft decision to abolish checks at internal land borders for Bulgaria and Romania. This is planned to happen on January 1, 2025. The decision is expected to be finally..
Shopping malls in Sofia and across the country will increase the number of security guards where needed. Additional panic buttons are also to be put in place if retailers wish, the Bulgarian Retail Association said. Groups of suspicious persons will be..
Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this..
"After today's vote for Speaker of the National Assembly, ''We Continue the Change'' (PP) demanded the resignations of Daniel Lorer and Yavor..
On Friday, cloudy weather will prevail over the country. The wind will be oriented from the northwest, will strengthen and in the Danube Plain its speed..
+359 2 9336 661