In 2015, the actual individual consumption, which is used as a measure of wealth of households and expressed in purchasing power standards, varied greatly between EU Member States, ranging from 53% of the EU average level in Bulgaria to 137% in Luxembourg. This was announced by the National Statistical Institute. In 2015, GDP per capita, measured in purchasing power standards, ranged from 47% in Bulgaria to 264% in Luxembourg compared to its average in the EU.
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
The current year 2025 marks the 30 th anniversary of the Bulgarian Association of Information Technologies (BAIT). Speaking to BTA, the chair of BAIT, Irina Radoeva, said that the information technology industry is the fastest growing. More than..
The Ministry of Innovation and Growth is hosting a discussion on the topic "The Eurozone as part of the path to economic transformation". The press center of the ministry reports that the forum will be opened on Wednesday at 4 p.m. by Deputy Prime..
Between January and September 2025, Bulgaria’s capital recorded a 10% increase in tourist arrivals and a 6% rise in overnight stays compared with the same..
Three Air Force officers were presented with the Presidential Badge of Honor, BTA reports. The head of state presented the award to..
On Thursday , the lowest temperatures will be between 4 and 9°C; in Sofia – about 4°C. During the day, there will be significant..
Mostly Cloudy
Overcast, rain
Cloudy
Cloudy