The decision of Great Britain to leave the European Union will slow down economic growth in Bulgaria and as a result the budget deficit is likely to go up, Unicredit Bulbank has said. According to the bank the shock of Britain’s decision will cause a slowdown of economic growth in Bulgaria by 0.2 percent this year and by 1.1 percent next year. In the latest Ministry of Finance outlook, growth will reach 2.1% in 2016 and 2.5% in 2017. The bank’s analysts argue that Bulgarian exports will suffer most from Brexit. Investments will be affected too though not so strongly. A more limited effect is expected on the financing of the government and on the economy as a whole.
The 14 th traditional meeting of the Harcoi is taking place today in Katselovo village, Dve Mogili municipality near the city of Russe. The event, taking place under the patronage of Dve Mogili mayor Marieta Petrova, starts at 9.30 AM with a water..
Two of the big puppets from Puppets Occupy Street from Craiova in Romania will be seen in Sofia for the first time as part of the International 6Fest Street Arts Festival. They will appear to a Bulgarian audience from 7.30 until 8.30 PM in..
On Saturday minimum temperatures will range between 16° C. and 23° C., for Sofia 16 ° C. During the day there will be sun with a light, in the Southeastern parts to moderate wind from the East-Northeast. Daytime highs will climb some more,..
Two of the big puppets from Puppets Occupy Street from Craiova in Romania will be seen in Sofia for the first time as part of the International..
The 14 th traditional meeting of the Harcoi is taking place today in Katselovo village, Dve Mogili municipality near the city of Russe. The event,..
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