IMF's Spring Outlook Slashes Bulgaria's Economic Growth Forecast
The srping World Economic Outlook of the International Monetary Fund has reduced the 2012 economic growth projection for Bulgaria by almost half.
The srping World Economic Outlook of the International Monetary Fund has reduced the 2012 economic growth projection for Bulgaria by almost half.
Bulgaria's inflation rate was 1.7% in March 2012, EU's third lowest after Sweden (1.1%) and Greece (1.4%).
Bulgaria's economy hovers on the brink of its second recession in three years in the wake of the slump in the euro zone, a Sofia-based think-tank has warned.
The abandoned Belene Nuclear Power Plant project is not irreversibly dead and a referendum on its fate should be called, according to Sergey Stanishev, leader of the left-wing oppositional Bulgarian Socialist Party.
Four pro-nuclear organizations have come up with a declaration against the suspension of the Belene NPP project and the transfer of the assembled Russian reactor to the Kozloduy NPP.
Italy's Urmet Group will invest EUR 6.5 M in the first major solar park near the southern Bulgarian village of Shishmantsi, Plovdiv municipality.
Russia has fulfilled all its engagements concerning the Belene Nuclear Power Plant project that Bulgaria scrapped in March, according to Kirill Komarov, deputy head of Russian state-owned Rosatom's international business.
Electricity prices will increase by around 10% from July 1, 2012, when the next regulatory period starts, according to Angel Semerdzhiev, Chair of the State Commission for Energy and Water Regulation (DKEVR).
The four Bulgarian fuel retailers accused of entering into a cartel agreement have not filed written objections with the Commission on Protection of Competition (KZK) within the statutory 30-day period.
Bulgaria's Gorubso Madan metal mines are to start working once again on Tuesday after the production process was halted for 46 days.
A record number of Bulgarians and Greeks have visited each others' countries during the Eastern Orthodox Easter holidays over the past weekend, border police data indicates.
More than 100 000 Bulgarian residents have visited Greece in search of more exciting Easter holidays, obviously undisturbed by the economic turmoil in the neighboring country.
Bulgaria's government will reverse its decision to build a fence along its border with Turkey, a measure which was supposed to tackle the infiltration of foot-and-mouth disease-infected animals.
Bulgarian Foreign Minister Nikolay Mladenov has proposed to his UK counterpart William Hague joint projects for cooperation in the Balkans, the Bulgarian Foreign Ministry announced.
Bulgaria and Vietnam signed a bilateral agreement for cooperation in the sphere of education during Bulgarian Parliamentary Speaker Tsetska Tsacheva's visit to the Asian country.
The Bulgarian troops in NATO-led International Security Assistance Force (ISAF) in Afghanistan were on alert for attacks on Sunday when they killed Afghan shooter in Kandahar, the defense minister has said.
Bulgaria, along with another eleven EU member states, risks to draw Brussels wrath for failing to comply with its hen welfare standards by the end-May deadline.
A bus driver with with 0,7 promille alcohol in his blood was taken off the vehicle supposed to take students from the 18th secondary comprehensive school in Sofia to the town of Tryavna in central Bulgaria on an outdoor school program.
Over 30 CCTV cameras are to be installed this week in Sofia's Borisova Gradina Central Park in a bid to boost the security of the citizens.
Bulgaria's authorities have extended by six months the time for conducting an in vitro procedure with state funding.
As Kaiserslautern players resigned to the fact they will be relegated from the Bundesliga, their recently appointed Bulgarian coach had to resign to missing out on a EUR 100 000 bonus, media reports say.
One person have been charged with the murder of a 45-year-old Bulgarian man in a mass fight that took place in the Bulgarian village of Pravishte last Friday.
A Year 5 teacher was giving her Primary pupils a lesson in developing logical thinking.
"Going back through history, we see that events in Bulgaria are cyclic, but Bulgarians miraculously have always managed to rise like a phoenix from the ashes and be reborn.
The UK government has backed the exploration of shale gas using the controversial hydrofracking technology, which has been banned by France and Bulgaria.
Anders Behring Breivik, who has confessed to killing 77 people in twin attacks in Norway in July, has claimed that two other extremist cells exist in Norway.
Russia intends to deploy a radar system of the "Voronezh" type in the breakaway Moldavian region of Transnistria, according to reports.
WikiLeaks founder Julian Assange's talk show, "The World Tomorrow," is expected to make its debut Tuesday on a state-funded Russian television network.
Norwegian mass murderer Anders Behring Breivik has declared he feels no remorse for his actions and that "he would do it again.
Some 1 000 Macedonians gathered in the capital Skopje late on Monday to protest in the wake of the brutal murder of five Macedonian men last week.
Australia will withdraw its troops from Afghanistan earlier than planned, the prime minister has said.
Korean-American Dr Jim Yong Kim, president of the Ivy League university Dartmouth, has been expectedly elected the next president of the World Bank, beating Nigerian finance minister Ngozi Okonjo-Iweala.
The Easter holidays gave us a rare chance to navel-gaze and muse over man's inborn need to believe in resurrection and revival, to believe in good.
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