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%.
Toshiba Energy Systems & Solutions Corporation will assist Bulgaria in bringing the Chaira power plant back into operation as soon as possible. The news was announced after the visit of the Bulgarian Minister of Energy, Vladimir Malinov, to Tokyo...
On 5 September at 10pm local time, Niagara Falls will be illuminated in the colours of the Bulgarian national flag - white, green and red. The light show is in celebration of Bulgaria's Unification Day, which falls on 6 September. It is an initiative of..
At an extraordinary meeting, the municipal councilors from the Municipality of Dobrich, Dobrich District, North-Eastern Bulgaria, decided that the local residents should decide in a referendum whether to give the green light for wind energy parks in..
Niagara Falls was illuminated in the colours of the Bulgarian national flag on the occasion of the Day of the Unification of the Principality of..
Elhovo is located in the south-eastern part of the Thracian Plain, a region of fertile land between the Strandzha and Sakar mountains. One of the largest..
The celebrations on the occasion of the 139th anniversary of the Unification of the Principality of Bulgaria and Eastern Rumelia and the Feast of..
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