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01.3.2024
Bansko Skiing Zone Concessionaire Presents to Environment Minister Conceptual Design for New Ski Gondola
Sofia, January 4 (BTA) - Meeting with Environment Minister Neno Dimov and the Mayor of Bansko on Thursday, officials of Ulen, the company running the Bansko skiing zone, presented a conceptual design for a second...

The first 20 years Max Consult.BG Ltd., Congratulations! 02.6.2023
The first 20 years Max Consult.BG Ltd., Congratulations!

UPDATED Bulgaria\'s First Floating Solar Power Plant Project Unveiled in Sofia 07.3.2023
UPDATED Bulgaria's First Floating Solar Power Plant Project Unveiled in Sofia
SOFIA, 07.03.2023 08:31 | UPDATED 07.03.2023 11:32 (BTA) A major project for building Bulgaria’s first floating solar power plant was presented in Sofia on Tuesday. Construction of the plant in the water area...


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Bulgaria's Economic Growth Slowing Down

Bulgaria's Economic Growth Slowing Down

04.5.2007


Bulgaria's economic growth is lagging during the first three months of 2007, the Center for Economic Development (CED) said in a report.

The report will be presented in the country on Friday, according to the state BNR radio.

Industrial growth in Bulgaria is still on the rise, despite the lowered overall values, but the problems in the railways sector remain worrisome. Unlike previous years, the tourist industry seems to be growing at a slower pace, too.

But CED experts believe that the economic growth in the country may speed up in 2008 and 2009, propelled by the EU funds, if they are properly utilised.

Last year the Bulgarian gross domestic product (GDP) grew by 6,1%, a touch slower than the 6,2% recorded in 2005, and well below the 6,5% official target.

In nominal terms, Bulgaria's GDP last year was BGN 49,1 B, or EUR 25,1 B, according to the data by the country's statistics board NSI..

Bulgaria's Economy Minister Rumen Ovcharov will have food for thought following an experts' report that says economic growth is lagging during the first three months of 2007. Photo by Yuliana Nikolova (Sofia Photo Agency)

http://www.novinite.com/
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