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.
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..
''Only two bridges connect Bulgaria and Romania along our 475-kilometer shared river border – this is a transport shortfall and a new 'Iron Curtain' within the European Union'', said Bulgaria’s Deputy Premier and Minister of Transport and..
Russia’s Deputy Minister of Foreign Affairs Alexander Grushko stated that Moscow has not held talks regarding a possible overflight of President..
Russian spies and hard-left humanitarian groups are working with people smugglers to food Europe with illegal migrants, wrote '' The Times'' , quoting..
Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for..
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