The decision of Great Britain to leave the European Union will slow down economic growth in Bulgaria and as a result the budget deficit is likely to go up, Unicredit Bulbank has said. According to the bank the shock of Britain’s decision will cause a slowdown of economic growth in Bulgaria by 0.2 percent this year and by 1.1 percent next year. In the latest Ministry of Finance outlook, growth will reach 2.1% in 2016 and 2.5% in 2017. The bank’s analysts argue that Bulgarian exports will suffer most from Brexit. Investments will be affected too though not so strongly. A more limited effect is expected on the financing of the government and on the economy as a whole.
On Friday, the minimum temperatures will be from 15 to 21°C, in Sofia - around 17°C. It will be sunny before noon. Cumulus and cumulus-rainy cloudiness will develop around and after noon. In many places, mainly in Southern and Eastern Bulgaria, there..
Eurogroup president Paschal Donohoe expects a consensus at today's meeting in Luxembourg on Bulgaria's entry into the Eurozone, BNR correspondent in Brussels Angelina Piskova reported. I believe that Bulgaria's accession to the Eurozone will be..
Bulgarian Shopska Salad has earned a place among the 24 best salads in the world according to a new ranking published by CNN, BGNES reports. The fresh and colorful dish, beloved throughout Southeast Europe, took its rightful place alongside..
More and more foreign students have been choosing Bulgarian universities and higher education institutions in recent years, the Bulgarian News Agency..
The plane with 148 people evacuated from Israel landed at Vasil Levski Airport in Sofia at 02:30 . 89 of the people are Bulgarians and..
This year, Bulgaria had the best winter season, Tourism Minister Miroslav Borshosh said at a briefing, referring to data for the first four months, BTA..
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