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.
‘This is not the time for early elections,’ said Prime Minister Rosen Zhelyazkov at a GERB party conference. According to BTA, he was opposed to holding elections during the country’s planned adoption of the euro in 2026. GERB chairman Boyko..
The Sofia Appellate Court left in custody Varna Mayor Blagomir Kotsev, who is charged with corruption and participation in an organized crime group. The judgment is final. One of the three judges, Andrey Angelov, signed with a dissenting..
Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan (RRP) reforms in Bulgaria, reported the Ministry of Justice. EC: RRP payment depends on..
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..
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;..
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