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%.
Nearly 1 million people in Bulgaria cannot afford even a week's vacation. The data are from an analysis by the European Trade Union Institute of the European Trade Union Confederation and were presented by CITUB. They show that a..
The story of the Bulgarian Sunday School "Zora" in Richmond began in 2014 in the capital of the US state of Virginia. Ten years ago it had only 14 students; today it has three times that number. Parents spend time and money to send their child to a..
The range of the fire on the Bulg arian-Greek border has increased overnight. The fire has crossed the protective clearing over 2 places into Bulgarian territory but has been contained, authorities said. All teams have been mobilised and are..
The efforts to put out the fire on the Greek Bulgarian border continue. Two aircraft sent by France under the EU civil protection mechanism will join..
The BG-ALERT system has issued an evacuation warning for the residents of five villages in the municipality of Strumyani due to the large fire that..
On Tuesday there will be sun and temperatures will be high in the Western part of the country. Over Eastern Bulgaria there will be clouds and,..
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