Bulgaria’s GDP has gone up in the third quarter of 2017 by 0.9 percent compared to the previous three months, registering a 3.9 percent year-on-year rise, National Statistical Institute data indicate.
The National Statistical Institute data on a yearly basis have also remained unrevised, marking a 3.9 percent economic growth, after the 3.7 increase in the April-June period. This is the best economic growth rate since the end of 2016, when the GDP marked a 4 percent increase year-on-year. The data from the third quarter correspond to the European Commission's autumn forecast which put Bulgaria’s GDP growth rate for this year at 3.9 percent – a far cry from the EC’s spring forecast of 2.9 percent.
President Rumen Radev has returned for new discussion in the National Assembly the amendments to the State Agency for National Security (SANS) Act, adopted on October 2 this year, which assign the power to appoint or dismiss the chairman of the agency..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..
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..
Mostly Cloudy
Partly Cloudy
Clear