“The International Monetary Fund upped its growth forecast for the Bulgarian economy to 3 percent of the country’s GDP; to this moment expectations were of a 2.3 percent contraction,” said Reza Baqir, head of the regular IMF mission in Bulgaria at a meeting with Prime Minister Boyko Borissov.
Reza Baqir reiterated the good rating given bank assets as well as the stress tests of the commercial banks in Bulgaria by the IMF’s experts. In his words the results of this unprecedented procedure indicate that the Bulgarian financial system is stable and secure and the institutions regulating and monitoring banks are working to top international professional criteria. The principal economic risks the country faces are the demographic picture and the big economic and social imbalances between individual regions in Bulgaria, the IMF points out.
Four Bulgarian MEPs will be part of the delegation to the EU-North Macedonia Joint Parliamentary Committee, the European Parliament announced. The Bulgarian representatives in the delegation to the EU-North Macedonia Joint Parliamentary Committee are..
Bulgaria has information on the holdings of companies with Russian involvement , but the scale and type of their investments are not entirely clear, caretaker Minister of Justice Maria Pavlova said in response to questions asked by MP Martin..
The deadline for Bulgarians living abroad to apply for the opening of polling stations for the early parliamentary elections on October 27 expires on October 1 at midnight. By law, polling stations abroad are established in Bulgaria’s diplomatic and..
A State Aviation Operator crew is standing by to fly to Lebanon as soon as the phased evacuation of the Bulgarians there is given a green light. This..
On Monday, there will still be showers in the eastern half of the country. It will stop raining by the evening. Clouds will break in the western part..
Travelling to Israel and staying in the country should be avoided, except in case of emergency, the Bulgarian Ministry of Foreign Affairs said...
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