Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria’s GDP growth to slow down in 2016: Bulgarian Academy of Sciences

Photo: library

A report of the Bulgarian Academy of Sciences presented on Monday in Sofia forecasts that Bulgaria’s economy would slow down in 2016. The scientists expect that the growth of the gross domestic product of that country would be 1% lower as compared to 2015 due to the end of the former programming period and the slowdown of the EU funds absorption in the beginning of the new programming period. The Bulgarian labor market has been showing positive signs, employment has been increasing recently and unemployment level has been dwindling. However, the decrease of the labor force in Bulgaria due to the ongoing demographic crisis is very alarming, the authors of the report contend.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

(L to R) Atanas Atanasov, Kiril Petkov, Bozhidar Bozhanov, Nikolai Denkov from PP/DB

PP/DB: Boyko Borissov as PM is absolutely unacceptable

“We find the proposal of Boyko Borissov as premier of Bulgaria absolutely unacceptable, we are not going to be involved in any trading in positions.” This is the answer We Continue the Change/Democratic Bulgaria (PP/DB) gave to the proposal by GERB..

published on 11/26/24 9:12 AM

Weather forecast: Sunny weather, fog in some parts

During the night, the weather will be predominantly clear and calm. There will be fog or low clouds before midday in parts of the lowlands, valleys and around water basins. Minimum temperatures minus 4-1° C., for Sofia around minus 2° C. On..

published on 11/25/24 6:15 PM

Ursula von der Leyen mentions Bulgarian girl Debora on International Day for the Elimination of Violence against Women

Bulgarian Debora Mihaylova , who was brutally slashed with a mock knife by her boyfriend Georgi Georgiev , is one of the victims of violence mentioned by Ursula von der Leyen in her address on the occasion of the International Day for the Elimination of..

published on 11/25/24 5:09 PM