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.
Interior Minister Daniel Mitov told reporters that migrant pressure and attempts to cross the Bulgarian-Turkish border illegally are decreasing . He said that compared to 2023, attempts at illegal crossing had decreased by around 70%. The minister..
The plenary debate on the third motion of no confidence against Rosen Zhelyazkov's government, proposed by the Revival party, has concluded . According to the National Assembly's rules, the vote must take place at least 24 hours after the debates end...
The European Commission has announced that the EU will invest nearly €37.5 million in the construction and modernisation of six parking areas with a total of 816 spaces for heavy goods vehicles. According to BNR correspondent in Brussels Angelina..
The Sultanate of Oman's Minister of Foreign Affairs, Sayyid Badr bin Hamad Al Busaidi, will visit Bulgaria from 2 to 4 July 2025 at the invitation of his..
The European Commission has announced that the EU will invest nearly €37.5 million in the construction and modernisation of six parking areas with a..
The plenary debate on the third motion of no confidence against Rosen Zhelyazkov's government, proposed by the Revival party, has concluded . According to..
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