The European Bank for Reconstruction and Development has revised upwards its forecast about the growth of the Bulgarian economy. According to its new forecast, the gross domestic product will increase with 3.5% in 2017 and with 3.2% in 2018. Consumption is expected to be the main engine of growth. The experts of the financial institution also improved their forecast about the development of the national economies in the whole Southeast Europe. The economy of the region will continue to grow in 2018, although growth is expected to slow down slightly to 3% of the GDP.
Plamen Dimitrov, president of Bulgaria’s largest trade union, the Confederation of Independent Trade Unions in Bulgaria (CITUB), has warned of a potential shortfall of around 17–18 billion leva (EUR 8.7–9.2 billion) in next year’s draft budget...
North Macedonian Prime Minister Hristijan Mickoski said his government will not unconditionally recognise Bulgarians in the country’s constitution. “Nobody has the right to expect this government to make constitutional changes unconditionally,” he told..
‘The Bulgarian Rectors’ Council has proposed the creation of Danube University Alliances,’ said Professor Miglena Temelkova, the Council's chair, at the ‘Days of Bulgaria in Kecskemét, Hungary’ forum. The idea is for the alliances to include..
On Saturday, minimum temperatures will range from 8 to 13°C , around 9°C in Sofia. It will be mostly cloudy with rain in many areas. There will be..
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