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%.
Farmers are donating 19 trucks of their produce for the farmers from Southern Bulgaria affected by the wildfires. The Ministry of Agriculture and the Southwestern State Enterprise are helping the national association United Farmers transport the..
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 efforts in the coming two days , caretaker Prime Minister Dimitar Glavchev said, and went on to..
An explosion has occurred at the Sviloza cellulose factory near Svishtov. Two employees from the factory fire service have been injured, Interior Minister Kalin Stoyanov said. The incident took place at around 11 am. The fire has now been fully..
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,..
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..
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