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.
An exhibition dedicated to the bicentenary of the publication of the first primer in modern Bulgaria, known as the "Fish Primer", by the great scientist and educator Dr. Petar Beron, will be opened today in the garden in front of..
On Monday , the cloudiness will remain significant and there will be rainfalls in the western half of the country. By the evening the rain will stop. In the eastern regions of the country there will be more sunny hours without..
The International Day of Empathy for People Affected by HIV/AIDS goes under the motto "We remember! We accept! We support!”. On this occasion, evening vigils will be held in 28 regional cities of Bulgaria, as the lit candle..
There will be no significant rise in the price of electricity for household users, said caretaker Energy Minister Vladimir Malinov. Kozloduy..
The European Commissioner for Agriculture Janusz Wojciechowski will be on a working visit to Bulgaria on May 21. His program includes meetings in..
The caretaker cabinet has provided almost 80 million Leva (EUR 40 million) in additional funding for salaries for public universities , the government..
sunshine, cloud, rain and thunder
Partly Cloudy
Mostly Cloudy
Partly cloudy, chance of rain