With 13 votes in favor, 6 against and one abstention, the Parliamentary Budget Committee adopted at first reading the Budget 2020 update, which is designed to absorb the shock to the economy caused by Covid-19. The bill envisages raising the limit for new debt from 1.1 billion euros to over 5 billion euros.
GDP is expected to decline by 3% this year. According to government estimates, unemployment rate is expected to rise by about 2% in comparison to 2019 to the level of 6.2%. Export of goods and services will fall by more than 16% overall, with export of services that includes tourism and transport dropping nearly 26%.
Heads of state and leaders from around the world congratulated the Bulgarian people on their National Day in congratulatory addresses sent to President Rumen Radev on the occasion of the 147th anniversary of the Liberation of Bulgaria. On behalf of..
There are positive demographic trends in the country, but no one talks about them, Associate Professor Georgi Bardarov said in an interview with bTV. The head of the Department of Socio-Economic Geography at Sofia University emphasized that 10 years..
The US Department of State congratulated Bulgaria on March 3. On behalf of the United States of America, please accept my warmest congratulations on your Day of Liberation, US Secretary of State Marco Rubio said in a congratulatory message published..
Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year,..
Heads of state and leaders from around the world congratulated the Bulgarian people on their National Day in congratulatory addresses sent to President..
Cloudy weather with rain and snow On Monday there will be considerable clouds over most of the country, with rain and snow in some parts of..
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