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.
The Maritsa East TPP complex will supply 50% of the energy for household consumers in Bulgaria. This was made clear at a briefing of Energy Minister Zhecho Stankov in Maritsa East 2 TPP, BTA has reported. The minister..
Thirty ensembles from all over the country are participating in the tenth edition of the National Folklore Festival "Rhythm of Bulgaria" in Lovech. They will perform on stage in the "Varosha" district, BTA reported. The event starts..
Sofia Airport "Vasil Levski" received the ACI EUROPE "Best Airport in Europe" award in the category for airports serving 5 to 10 million passengers, the operator "SOF Connect" announced. "The recognition is a cause for national..
The village of Delchevo is restoring the tradition of celebrating Midsummer's Day with a two-day program on June 21 and 22, the Gotse..
A festive concert of the Otets Paissii Performing Folk Ensemble will be held in Nessebar today, as the ensemble celebrates 70 years..
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