The European Commission has announced it is lowering its growth forecast for the Bulgarian economy in 2018 from 3.8 to 3.5 percent because of weaker export performance, but that nonetheless, the growth rate continues considerably above the EU average of 2.1 percent.
Inflation projections for this year are raised from 2 to 2.6 percent, but are lowered for 2019 and 2020 down to 2 and 1.8 percent respectively. The GDP is expected to continue to grow steadily in 2019 and 2020, by 3.7 and 3.6 percent respectively.
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
The Institute of Agriculture-Kyustendil will celebrate the Festival of Agricultural Science today with a tasting of new apple varieties and hybrids, the institute’s director, Associate Professor Iliyana Krishkova, told BTA. Farmers will be presented..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
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