The concluding statement of the regular mission of the International Monetary Fund to Bulgaria, 25 January – 1 February, reads: “Bulgaria delivered a robust economic performance in 2018. Output is estimated to have grown by 3.2 percent in 2018, unemployment to have fallen to close to 5 percent, and the current account to have recorded another sizable surplus. Prospects for 2019 are for more of the same––we are projecting real GDP growth of 3.3 percent. However, the downside risks to this outlook have recently risen, owing to a sharper-than-anticipated slowdown in global trade and unsettled financial markets. Translating this positive momentum into faster per capita income convergence toward the advanced EU partners continues to be the key policy challenge. Deeper integration into the EU through the newly agreed ERM II preparation process will be helpful in this regard,” the concluding statement reads.
On June 24, we celebrate the Nativity of St. John the Baptist, known among Bulgarians as Enyovden (Midsummer's Day). For Christians, after the Blessed Virgin Mary St. John the Baptist is the most revered among those born of women...
At the invitation of Jagiellonian University, one of the oldest universities in Europe, founded in 1364 , Vice President Iliana Yotova will be in Krakow, Poland on 24 and 25 June. Yotova will deliver a lecture entitled History, Culture and Education..
It will be a fine, almost quiet night. Tomorrow will be sunny and hot, particularly in the lowlands. A light wind will blow in from the west-northwest. Temperatures will reach highs of between 32°C and 37°C, with Sofia reaching around 32°C. It will..
Today and tomorrow, Bulgaria's Minister of Agriculture and Food Georgi Tahov will take part in a meeting of the European Union Council on Agriculture and..
A Bulgarian delegation, led by Prime Minister Rosen Zhelyazkov, will participate in the NATO summit focusing on defense and deterrence plans, which..
It will be a fine, almost quiet night. Tomorrow will be sunny and hot, particularly in the lowlands. A light wind will blow in from the west-northwest...
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