The European Commission predicts acceleration of economic growth in Bulgaria to 3.3% in 2019 and 3.4% in 2020, with annual inflation of 2%. According to economists from the Bulgarian Academy of Sciences, despite the slowdown in growth, it remains above the average level for the EU countries, but among the lowest among the new member states. At a forum in Sofia, economist Krasen Stanchev said that Bulgaria's EU membership has been the longest period of economic growth for Bulgaria. For the past 20 years, Bulgaria has become 4 times richer, while incomes have increased threefold. If in 1999 the average income of the population was 23% of that in the EU, it is now 52%. Bulgaria is also the country with the largest share of foreign investments in the EU as they account for 80% of GDP, Stanchev said.
The caretaker cabinet has approved state guarantees amounting to over EUR 79 million under loan agreements with the National Electric Company for financing the investment project on the modernization and rehabilitation of Chaira Hydro Power Plant...
According to the Bulgarian Consulate General in Valencia, no Bulgarian citizens have been reported dead or injured, the press office of the Bulgarian Ministry of Foreign Affairs told the BNR. There have been no reports of Bulgarian citizens in..
“I call for restraint on the part of politicians and for a constructive dialogue because the formation of a regular and stable government, such as we all want, is in their hands,” said caretaker PM Dimitar Glavchev at the beginning of today’s..
On Thursday morning visibility will be diminished in some valleys and parts of the lowlands. Along the Danube there will be fog. Minimum temperatures..
“I call for restraint on the part of politicians and for a constructive dialogue because the formation of a regular and stable government, such as we..
Nearly 30 people who had to fly to London with a low-cost airline were not allowed to board the plane at Sofia Airport. The flight was in the early..
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