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.
A 9-year old boy with multiple injuries has been airlifted from Burgas to Pirogov emergency hospital in Sofia by a Spartan aircraft. The boy got stuck inside the hydraulic drum of a beach cleaning machine on the central beach in Sozopol...
GERB/SDS will not support a government on the third mandate. This was made clear after three hours of consultations with There Is Such a People (ITN). At these consultations ITN presented its priorities in the spheres of justice, energy and foreign..
Air quality indicators in Plovdiv and the surrounding villages are now back to normal, after the air over Plovdiv was filled with smoke from the wildfire which broke out at the landfill next to the village of Tsalapitsa on Thursday night, regional..
Bulgaria introduces mandatory disinfection of vehicles at all border crossings because of outbreaks of small ruminant plague in Northern..
The fires in the south-western regions of Bulgaria continue , as more than 15,000 decares of forests have already burned. The battle..
On Tuesday , the clouds will be variable, more significant in the afternoon over Eastern Bulgaria and the mountains and in places there will be rain and..
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