The global economy may be in store for a more severe recession than in 2009, the managing director of the International Monetary Fund, Bulgaria's Kristalina Georgieva, stated. According to forecasts of the IMF, recovery of the world economy is expected in 2021, but only if countries are able to control the spread of the coronavirus and limit economic damage. The main concern is the risk of a wave of bankruptcies and redundancies, which can undermine economic recovery and disrupt the fabric of our societies, Kristalina Georgieva said.
So far, 81 countries have asked the IMF for assistance over the COVID-19 crisis. Georgieva stressed that the organization is ready to provide all of its $ 1 trillion credit resources to countries affected by the virus pandemic.
Bulgaria introduces mandatory disinfection of vehicles at all border crossings because of outbreaks of small ruminant plague in Northern Greece. The Bulgarian authorities have sent notification letters to all neighbouring countries..
The fires in the south-western regions of Bulgaria continue , as more than 15,000 decares of forests have already burned. The battle with the fire has been going on for two weeks and at the moment it is active only on the territory..
The 145 th anniversary of the establishment of the Bulgarian Navy will be celebrated tonight in the city of Ruse. At 8:00 p.m. in front of the Dohodno Zdanie (Revenue Building), a festive concert of the Representative..
Bulgaria introduces mandatory disinfection of vehicles at all border crossings because of outbreaks of small ruminant plague in Northern..
Sunny weather will prevail on Monday. There will be more significant increases in cloudiness over the northern and eastern regions of..
The fires in the south-western regions of Bulgaria continue , as more than 15,000 decares of forests have already burned. The battle..
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