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.
An international event focusing on European policies for a sustainable planet and climate change is being held today at Sofia University "St. Kliment Ohridski". The event is organised by the National Centre for Polar Studies at Sofia University and the..
On Tuesday, lows will be between 1 and 6°C, 1°C in Sofia. During the day it will remain mostly cloudy, with showers mainly in the southeast. Over southwestern Bulgaria the clouds will break up and clear. Maximum temperatures will be 4° to 9°C, around..
The Bulgarian Academy of Sciences is to have a female president for the first time. Corresponding Member Evelina Slavcheva from the Institute of Electrochemistry and Energy Systems was elected today to lead the 155-year-old institution...
The government of the Netherlands is proposing the kingdom to agree to Bulgaria's accession to Schengen by land, BNR has learned. The..
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..
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