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.
Twenty-two Bulgarian students who spent the last school year at high schools across the United States, from Texas to Vermont, have returned home . The exchange was organised by the YES Bulgaria programme. Over the past few months, the teenagers not..
Tighter controls on main roads, tougher penalties for violators and improved traffic management during the summer months — these were the measures ordered by Bulgaria’s Prime Minister Rosen Zhelyazkov at the start of the Cabinet meeting. In..
The low level of the Danube River makes navigation in the Bulgarian section difficult. Two sandbars have formed, Ivelin Zanev, executive director of the Executive Agency for Exploration and Maintenance of the Danube River, told..
Security agencies in Bulgaria, DANS (State Agency for National Security) and GDBOP (General Directorate Combating Organized Crime), are carrying out an..
Sofia is hosting a trilateral meeting of the defence forces heads of Bulgaria, Romania and Turkey. The Ministry of Defence announced that, at the..
The Ministry of Transport has published for public discussion changes to the Regulation on Unmanned Aircraft Systems. The..
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