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.
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..
In a few weeks, another ship with pipes for the Vertical Gas Corridor will arrive at the port of Burgas, announced Energy Minister Zhecho Stankov at the Burgas 2025 Connectivity Forum . The event brought together diplomats, ministers and leading..
A new medical equipment manufacturing center of the Czech company BTL Industries has opened in Plovdiv. The event was attended by President Rumen Radev, who emphasized that "the excellent relations between Bulgaria and the Czech Republic at the highest..
According to data from the European Environment Agency published by the European Commission and reported by BNR correspondent in Brussels Angelina..
The village of Delchevo is restoring the tradition of celebrating Midsummer's Day with a two-day program on June 21 and 22, the Gotse..
The Maritsa East TPP complex will supply 50% of the energy for household consumers in Bulgaria. This was made clear at a briefing of..
Partly Cloudy
Clear