The European Commission confirmed its economic forecast about the Bulgarian economy. According to its projections, Bulgaria’s economy will grow with 3.3% in 2019 and with 3.4% in 2020. The growth rate is expected to slow down in the second half of the year due to worse external conjuncture. The positive trends in the disposable incomes will help this country maintain the dynamics of private consumption. The stable profits, suitable financial conditions and economic expectations of the local economy will encourage investments. Increased consumer confidence can encourage private spending, the forecasts also show. In the first five months of 2019 inflation accelerated due to the higher prices of fuels and foods and will continue to grow after the increase of the prices of electricity, the report further reads. Inflation is expected to slow down to 2.4% in 2019 and 1.7% in 2020.
Sofia-bound traffic along Struma motorway is slow, drivers have been posting on Facebook. Drivers in this region should drive carefully due to the challenging weather conditions. The Road Infrastructure Agency has announced no roads in the..
Caretaker PM Dimitar Glavchev has met in Sofia with acting Assistant Secretary for International Affairs at the Department of Homeland Security Adam Hunter. During the meeting it was acknowledged that the US remains engaged in the partnership process..
Half of Bulgarians consider adapting to climate change to be a national priority, indicates a European Investment Bank (EIB) poll. First-hand experiences of extreme weather events add to the sense that urgent action is required. 94% of the..
The coalition GERB/SDS are beginning talks for discussing joint political action within the 51 st National Assembly, the GERB/SDS press centre has..
The prosecutor, overseeing the criminal proceedings against Dzheyhan Ibryamov , MP in the 51 st National Assembly from the Alliance for Rights and..
After two rounds of voting, the 51 st parliament failed to elect a National Assembly president. None of the candidates nominated – Natalia..
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