The European Commission confirmed its economic forecast about the Bulgarian economy. According to its projections, Bulgaria’s economy will grow with 3.3% in 2019 and with 3.4% in 2020. The growth rate is expected to slow down in the second half of the year due to worse external conjuncture. The positive trends in the disposable incomes will help this country maintain the dynamics of private consumption. The stable profits, suitable financial conditions and economic expectations of the local economy will encourage investments. Increased consumer confidence can encourage private spending, the forecasts also show. In the first five months of 2019 inflation accelerated due to the higher prices of fuels and foods and will continue to grow after the increase of the prices of electricity, the report further reads. Inflation is expected to slow down to 2.4% in 2019 and 1.7% in 2020.
On Friday morning visibility will be diminished in parts of the lowlands and valleys. Minimum temperatures 5-10° C., for Sofia 6° C. During the day there will be sun with scattered clouds. Maximum temperatures 17-22° C., for Sofia around 17° C...
The GERB party will make every effort to form a regular government with a full mandate. This was what the leader of the party Boyko Borissov said this morning during a meeting with the ambassadors of the EU countries in Bulgaria. He announced this..
GERB leader Boyko Borisov must answer clearly whether he will remove Delyan Peevski from his entourage and return to the European development of Bulgaria, or work with Delyan Peevski and move Bulgaria towards a dictatorship, as Peevski is currently..
“We are going to take part in talks with GERB, but if they intend to get Delyan Peevski in through the front door we’re out,” said MEP Ilhan Kyuchuk..
“We do not have an answer, as yet, from any political party, to the proposal for a cordon sanitaire around the Movement for Rights and Freedoms-New..
During the first 9 months of 2024, the Bulgarian National Bank has put an additional 11 million 100-Leva banknotes into circulation in the country...
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