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%.
President Rumen Radev urged the representatives of the parliamentary group of There Is Such a People (ITN) to begin negotiations with the other political formations in the 50 th National Assembly immediately. Rumen Radev handed ITN the third and..
The government of Bulgaria is following, with increasing concern, the statements and declarations by officials from North Macedonia, aimed at violating international commitments in the sphere of infrastructure connectivity, including the..
Bulgaria is among the EU countries with the highest number of people with higher education employed on permanent contracts. According to the EUROGRADUATE 2022 survey conducted in 17 countries, the unemployment rate among bachelor's or master's degree..
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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