A survey of the National Statistical Institute reoports on growth in industrial production, construction and retail trade in July 2017. The industrial production index in July increased with 4.2% year on year and the construction production index marked a 7.9% increase year on year. The turnover in retail trade increased slightly with 0.3% on an annual basis and partly made up for the 0.5% decrease registered in June. Experts comment that the July results are a good sign for the development of Bulgaria’s economy in the third quarter of 2017. The country’s gross domestic product increased with 3.6% in the second trimester.
"It is evident that the political crisis continues and its solution requires not only putting aside personal and party interests but also requires adequacy", President Rumen Radev said in Parliament after the MPS rejected the nomination of Rossen..
After a heated debate, Parliament rejected the proposed GERB-SDS cabinet with Rosen Zhelyazkov as Prime Minister. It was supported by 98 MPs, with 138 voting against and two abstaining. Zhelyazkov, representing the first political force in Parliament,..
Ukrainian optimism clashes with European scepticism ahead of the NATO summit, with divisions emerging over defence spending and how the war will end. These are the conclusions of a report based on a new survey by the European Council on Foreign..
The Balkans are attracting more and more medical tourists, with Turkiye being the undisputed leader, ranking among the top 10 most preferred countries..
Hungary’s Deputy Interior Minister Bence Retvari stated that the abolition of Bulgaria and Romania’s Schengen borders by land is very important to the..
The Movement for Rights and Freedoms (DPS) will immediately return the second government- forming mandate , DPS Co-chairman Delyan Peevski told..
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