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.
BGN 50 million (€25.51 million) will be granted to Bulgarian Posts postal operator, after the European Commission approved, under EU state aid rules, Bulgaria's plans to grant state aid to the company in order to restore its viability. Bulgarian..
"Fear is shaking DPS. I'm talking about the apparatus," Korman Ismailov, former head of the youth organisation of the Movement for Rights and Freedoms (DPS), told BNR. According to him, the party, which came second in June's parliamentary elections,..
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The exhibition "The Buckles – a Universe of Signs" by the Ruse Regional Museum of History is visiting Burgas. The exposition, which will be opened today..
"It is evident that the political crisis continues and its solution requires not only putting aside personal and party interests but also requires..
Today, the National Assembly will vote on the new government proposed by GERB-SDS. On Monday, upon receiving the first exploratory mandate, the largest..
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