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%.
The Bulgarian embassy in Kyiv is organizing a solemn commemoration on the occasion of the country’s national day, 3 March, in front of the monument to the Ukrainian soldiers and the Bulgarian volunteers who lost their lives for the freedom of..
A jubilee, 10 th journey on board the Rhodope narrow gauge train dedicated to Bulgaria’s national day 3 rd March, is taking place today along he scenic rail route from Septemvri to Dobrinishte. During the past nine years the festive train has..
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 Bulgaria. There will be a light, in the Eastern part of the country to moderate Northerly wind...
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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