Bulgaria's economic expansion is expected to slow down to 3% in 2019, due to a drop in exports and deceleration in domestic consumption growth, according toFrance-based credit insurance company Euler Hermes.
According to the analysis the drop in exports is the main reason for an expected lower GDP growth rate of 3.2 percent for 2018, compared to previous years.
Consumption by households will be the main engine of Bulgaria's economic growth in 2019, but analysts are predicting a slowdown of domestic consumption. Salaries will continue to grow, though at half the rate compared to 2017. Investments are expected to glow by almost 8 percent, which, analysts say is a positive indication of recovery.
The 14 th traditional meeting of the Harcoi is taking place today in Katselovo village, Dve Mogili municipality near the city of Russe. The event, taking place under the patronage of Dve Mogili mayor Marieta Petrova, starts at 9.30 AM with a water..
Two of the big puppets from Puppets Occupy Street from Craiova in Romania will be seen in Sofia for the first time as part of the International 6Fest Street Arts Festival. They will appear to a Bulgarian audience from 7.30 until 8.30 PM in..
On Saturday minimum temperatures will range between 16° C. and 23° C., for Sofia 16 ° C. During the day there will be sun with a light, in the Southeastern parts to moderate wind from the East-Northeast. Daytime highs will climb some more,..
The total consumer confidence indicator, or, in other words, consumers’ assessment of their economic future in Bulgaria and the current economic..
The National Social Security Institute pays 16,000 out of the total of almost 2 million pensions to Bulgarians abroad. The biggest number of Bulgarian..
On Saturday minimum temperatures will range between 16° C. and 23° C., for Sofia 16 ° C. During the day there will be sun with a light, in the..
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