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 role of the social network TikTok in Bulgaria is growing, including its involvement in disseminating manipulative content. This is stated in a report presented at the European Parliament in Brussels, reported BTA. It was prepared by the..
For the third consecutive year, Sofia University “St. Kliment Ohridski” has been included in a prestigious global ranking. In the QS World University Rankings: Sustainability 2026, the university ranks 814th out of 2,002 universities. It ranks..
On Wednesday, minimum temperatures will range from 5°C to 10°C across the country, reaching 12°C to 17°C in southern Bulgaria and around 8°C in Sofia. It will be a cloudy day with rain, mainly in northern and western Bulgaria, and this will continue..
The first quaternary wastewater treatment plant in Bulgaria was opened today in the village of Benkovski, Maritsa Municipality. “Today we are launching..
Bulgaria has officially become part of the European cultural route “The Wine Route” ( Iter Vitis ) . The certificate of membership was presented to..
Over the next 24 hours, cloudy and foggy conditions are expected across much of the western Danube and Upper Thracian plains. Rain is likely in western..
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