Bulgaria's economic expansion is expected to slow down to 3% in 2019, due to a drop in exports and deceleration in domestic consumption growth, according toFrance-based credit insurance company Euler Hermes.
According to the analysis the drop in exports is the main reason for an expected lower GDP growth rate of 3.2 percent for 2018, compared to previous years.
Consumption by households will be the main engine of Bulgaria's economic growth in 2019, but analysts are predicting a slowdown of domestic consumption. Salaries will continue to grow, though at half the rate compared to 2017. Investments are expected to glow by almost 8 percent, which, analysts say is a positive indication of recovery.
At a meeting of the caretaker government, Prime Minister Dimitar Glavchev confirmed that the Dutch government has agreed with Bulgaria's full accession to Schengen. He said that according to the Bulgarian Academy of Sciences, the benefits of the..
The government of the Netherlands is proposing the kingdom to agree to Bulgaria's accession to Schengen by land, BNR has learned. The cabinet has submitted its proposal to the country's parliament, as required by national..
The Bulgarian Center of New England, the Bulgarian Church of Saint Petka, and the Bulgarian School of Sts. Cyril and Methodius are joining forces to raise funds for an addition and expansion to the current building in Billerica...
By order of the Minister of Education and Science, Prof. Galin Tsokov, January 3, 2025, has been declared a non-school day for all schools in Bulgaria...
The coalition BSP-United Left, which placed fifth in the parliamentary elections held on October 27, is starting a series of negotiations to gather..
10 people from a criminal organization for migrant trafficking have been detained in a police operation in the Burgas region . Among those detained is..
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