Bulgaria's economic expansion is expected to slow down to 3% in 2019, due to a drop in exports and deceleration in domestic consumption growth, according toFrance-based credit insurance company Euler Hermes.
According to the analysis the drop in exports is the main reason for an expected lower GDP growth rate of 3.2 percent for 2018, compared to previous years.
Consumption by households will be the main engine of Bulgaria's economic growth in 2019, but analysts are predicting a slowdown of domestic consumption. Salaries will continue to grow, though at half the rate compared to 2017. Investments are expected to glow by almost 8 percent, which, analysts say is a positive indication of recovery.
A procedure will be introduced to exclude military expenditure from the inflation index, Bulgarian Defence Minister Atanas Zapryanov announced in Munich, BTA reported. Speaking at the Security Conference, the minister said that Bulgaria had been..
Addressing the crises facing the EU requires strengthening Europe's global competitiveness and ensuring security, President Rumen Radev said during a meeting with European Council President António Costa at the Munich Security Conference...
Bulgarians and Serbs from the towns of Tsaribrod and Pirot marched in support of the student protests in Serbia , reports BTA. "We want the students' demands to be met and we hope that there will be changes in Serbia," demonstrators from the two towns in..
Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices...
Bulgaria's Minister of Foreign Affairs, Georg Georgiev, participated in a working breakfast dedicated to addressing illegal migration and its..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
Rain / Snow
Rain
Snow
Wet snow