An overall economic upturn in Bulgaria has been registered in 2016 and 2017, in unison with the upturn in Europe, a survey by the Institute for Market Economics reads.
In 2016 economic growth reached 3.9 percent, in 2017 the official forecast is for a 4 percent growth rate. The employment rate for the 15 to 64 age bracket stands at a record high – 68.5 percent. The growth of the economy and the stable increase in salaries has had its effect on living standards. Nonetheless, the share of the population living below the national poverty line has remained stable, ranging from 21 to 23 percent. The declining demographic picture in the country places a natural restraint on the growth potential of the Bulgarian economy. For two and a half years the real growth rate has not been able to exceed 4 percent, year-on-year. According to recent EC and IMF analyses, which include Bulgaria, the economy is either already functioning at the level of its potential, or is close to it.
The number of crimes committed in the conditions of domestic violence has gone up by 54% since the beginning of the year compared to last year, the Ministry of Interior announced on International Day for the Elimination of Violence against Women. A..
As of next year, use of solid fuels for domestic heating in buildings which are part of central heating and gas supply networks will be banned in nine Sofia regions, Deputy Mayor of Sofia Nadezhda Bobcheva announced at the opening of a round table..
“ There will only be negotiations among party leaders if they are for the formation of a ruling majority and a regular government,” GERB party declared at a briefing after a meeting of GERB’s executive commission, in regard to a possible meeting..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The first marble statue discovered in the ancient city of Heraclea Sintica on 3 July, is probably of Lucius – grandson of Roman Emperor Octavian..
The Constitutional Court has admitted all five requests for the partial or complete annulment of the elections for the 51st National Assembly, submitted..
+359 2 9336 661