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.
‘This is not the time for early elections,’ said Prime Minister Rosen Zhelyazkov at a GERB party conference. According to BTA, he was opposed to holding elections during the country’s planned adoption of the euro in 2026. GERB chairman Boyko..
The Sofia Appellate Court left in custody Varna Mayor Blagomir Kotsev, who is charged with corruption and participation in an organized crime group. The judgment is final. One of the three judges, Andrey Angelov, signed with a dissenting..
Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan (RRP) reforms in Bulgaria, reported the Ministry of Justice. EC: RRP payment depends on..
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