“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.
On Thursday morning visibility will be diminished in some valleys and parts of the lowlands. Along the Danube there will be fog. Minimum temperatures 4-9° C., for Sofia 5° C. During the day there will be sun. Daytime highs will reach 17-22° C.,..
"Bulgargaz" has proposed to the Energy and Water Regulatory Commission that the price of natural gas for November should be 7.5% higher or 35.02 EUR per megawatt hour. In comparison, the price at which gas is sold in October is 32.58 EUR...
"North Macedonia has not yet adopted the necessary constitutional changes to include the citizens who are part of other nations, such as the Bulgarians, in the constitution." This is seen in a report on EU enlargement, presented by the Commissioner..
The caretaker government will not apply to the Constitutional Court for an annulment of the 27 October election for parliament, said caretaker Prime..
The numerous reports of vote manipulation, of rigging ballots, of adding votes, of vote-buying, of coercion and controlled voting which have been..
The recordings from 65 cameras, which streamed the counting of the ballots on election night online, have gone missing, according to a report by the..
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