The European Commission revised upwards its forecast about the growth of the Bulgarian economy in 2017. The steady growth of the Bulgarian economy is supported by high domestic consumption, the EC notes. In its autumn economic forecast the EC points out that the Bulgarian economy is expected to grow with 3.9% this year. Its previous forecast made in May this year showed that the economy of this country would mark a 2.9% increase year on year. The EC expects that in 2018 the growth of the Bulgarian economy will slow down slightly to 3.8% of the gross domestic product. The Bulgarian economy will continue to grow steadily. Inflation, which was negative for nearly three years, is now positive again, unemployment will continue to fall and salaries will mark significant increase, the forecast further shows.
President Rumen Radev welcomed Hungarian President Tamás Sulyok in Smolyan. The guest visited the Bulgarian home of Hungarian poet, translator and artist László Nagy in the city in the Rhodopes. On October 20, the two presidents held..
Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas. He stated that an agreement for the..
Russia’s Deputy Minister of Foreign Affairs Alexander Grushko stated that Moscow has not held talks regarding a possible overflight of President Vladimir Putin’s plane over Poland, Romania and Bulgaria on the way to Budapest. “It is still too early..
On Tuesday , the lowest temperatures will be between 2 and 7°C. In the valleys and high fields the temperature can drop to minus 2°C;..
Suspicions of large-scale fraud with EU funds in a project to build a mussel farm in the Black Sea – southeast of Cape Emine in the..
Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for..
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