The European Commission predicts acceleration of economic growth in Bulgaria to 3.3% in 2019 and 3.4% in 2020, with annual inflation of 2%. According to economists from the Bulgarian Academy of Sciences, despite the slowdown in growth, it remains above the average level for the EU countries, but among the lowest among the new member states. At a forum in Sofia, economist Krasen Stanchev said that Bulgaria's EU membership has been the longest period of economic growth for Bulgaria. For the past 20 years, Bulgaria has become 4 times richer, while incomes have increased threefold. If in 1999 the average income of the population was 23% of that in the EU, it is now 52%. Bulgaria is also the country with the largest share of foreign investments in the EU as they account for 80% of GDP, Stanchev said.
The number of visits of foreign tourists to Bulgarian museums in 2023 was 988,000, according to data from the National Statistical Institute. This is an increase of 56.4% compared to the previous year, said Deputy Minister of Tourism Pavlin Petrov...
Representatives of the diplomatic missions in Sofia together with a team of refugees and youth and student organizations will participate in a charity football tournament on the grounds of the National Football Base "Boyana" in the..
On Sunday a cold atmospheric front will pass through the country. In the morning, the cloudiness will begin to increase rapidly from the west and rainfalls will start. Later in the day there will also be precipitation in the..
For the first time in 38 years the population of Bulgaria has practically stopped its downward trend. In 2023 the decline is by a mere 0.3%, or just..
Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with..
If the election for parliament were to be held today, 7 political formations are certain to enter the National Assembly, indicates a poll by Trend..
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