Instead of 2.1%, the gross domestic product of Bulgaria in 2016 is expected to reach 2.6 percent. The bigger rise is mainly due to a more solid domestic consumption and investment, the autumn macroeconomic forecast of the Ministry of Finance has shown. It is expected that the favorable dynamics of private consumption recorded in the first half of the year would continue until the end of 2016 and the decline in public spending would slow significantly. As a result, final consumption will grow by 1.5 percent, experts forecast.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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