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.
In a few days, the Ministry of Energy will publish for public discussion amendments to the Renewable Energy Sources Act, after which they will be submitted for voting in parliament. The goal is to avoid gasoline shortages and price increases from..
On Thursday morning, fog will begin to form in the lowlands and valleys. The lowest temperatures will range from 0°C to 5°C, in the easternmost regions up to 8°C-10°C, for Sofia around 1°C. The maximum temperatures will range from 12°C to 17°C, for..
Bulgaria’s accession to the eurozone is the next major priority after the country’s full membership in Schengen. "The eurozone is at our doorstep", caretaker Premier Dimitar Glavchev said. He made this comment at the beginning of the first government..
Bulgaria’s accession to the eurozone is the next major priority after the country’s full membership in Schengen. "The eurozone is at our doorstep",..
Democratic Bulgaria stated in a message to the media that the nominations for prime minister and the composition of the Council of Ministers..
On Thursday morning, fog will begin to form in the lowlands and valleys. The lowest temperatures will range from 0°C to 5°C, in the easternmost regions..
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