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.
On October 12, 2025, the phased introduction of the Entry/Exit System (EES) at the border crossings of Bulgaria begins. The system will apply to citizens of non-EU countries who travel to European countries using the EES for a..
The Trakia University in Stara Zagora is hosting a seminar today on the topic of "Dairy Cattle Breeding: Genetics and Economics. The US Experience," the university has reported. The forum is organized jointly with the US Department..
The 10th anniversary edition of "Kapana Fest" in Plovdiv begins on September 18, the festival team has reported. "Kapana Fest" is a festival in the heart of the city, breathing life into the urban space in the "Kapana" district...
On Wednesday, the minimum temperatures in Bulgaria will be from 11 to 16°C, in Sofia - 14°C . A cold atmospheric front will pass through the country, with..
The sixth unit of the Kozloduy NPP will also start operating with American nuclear fuel next year. The first six Westinghouse cartridges will be placed..
Opera stars Sonya Yoncheva and Plácido Domingo will bring to Sofia a host of opera managers and 32 young opera singers from 17 countries across five..
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