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The new Bulgarian government will prioritize growth over austerity to placate the public mood, the Economist has predicted.
Actions of Prime Minister Boyko Borisov's new government will result in a "mild but sustained expansion" of the economy, the forecast continues.
The magazine's estimates published on its website are included in The World in 2015's print edition.
Its figures for Bulgaria in 2015 include an inflation rate of 1.2 percent and a budget deficit equal to 1.5 percent of GDP.
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In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
China's economy experienced robust growth in the first quarter of 2024, defying market expectations and signaling resilience amid challenges in the property market
China's economy experienced robust growth in the first quarter of 2024, defying market expectations and signaling resilience amid challenges in the property market
Data released by Eurostat reveals a notable deceleration in wage growth across the European Union (EU) and the eurozone during the final quarter of 2023
Amidst the commencement of the annual session of the Chinese National Assembly in Beijing, Prime Minister Li Qiang has unveiled an ambitious target of 5% economic growth for the year ahead
Minister of Economy Robert Habeck stated that the economic situation in Germany is exceptionally challenging during the presentation of the significantly lowered new government forecast for growth this year
Brazen Bulgarian gangs "terrorise the elderly and rob them over their life savings with increasingly aggressive phone scams nettling millions of euros," according to an AFP story.
The prospect of US President Donald Trump's moving closer to Russia has scrambled the strategy of "balancing East and West" used for decades by countries like Bulgaria, the New York Times says.
Bulgarians have benefited a lot from their EU membership, with incomes rising and Brussels overseeing politicians, according to a New York Times piece.
German businesses prefer to trade with Bulgaria rather than invest into the country, an article on DW Bulgaria's website argues.
The truth about Bulgaria and Moldova's presidential elections is "more complicated" and should not be reduced to pro-Russian candidates winning, the Economist says.
President-elect Rumen Radev "struck a chord with voters by attacking the status quo and stressing issues like national security and migration," AFP agency writes after the presidential vote on Sunday.
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