The Bulgarian economy will plunge into recession due to the impact of the Covid-19 pandemic on exports and domestic activity, the Europe and Central Asia Spring Economic Update of the World Bank reads. Bulgaria’s GDP is expected to decline by 3.7% in 2020. However, the 2021 forecast of the World Bank reads that this country’s economy will mark a 3.9% growth. The World Bank calls for decisive policy measures in support of the most-vulnerable groups and sectors, in order to mitigate the impacts of the Covid-19 pandemic.
Defence Minister Atanas Zapryanov and Japanese Ambassador to Bulgaria Hisashi Michigami discussed bilateral defence cooperation and partnership in the context of NATO. The discussion focused on support for Ukraine and the contribution of Bulgaria..
Hurricane Milton, which hit the west coast of the US on Thursday, did not cause the catastrophic storm surge that had been expected. But the damage is nonetheless considerable. Authorities have reported 10 deaths so far, and that number is expected to..
Bulgaria will continue to lobby the European Commission to change the conditions for the allocation of funds under the so-called "Ukrainian aid", Agriculture Minister Georgi Tahov said at a meeting with industry organisations. Many farmers who have..
Hungary’s Interior Minister Sándor Pintér stated that abolishing checks at Bulgaria and Romania’s land borders will be on the agenda of the meeting of..
Bulgarian singer, musician and composer Kiril Marichkov has passed away. The rock musician has died in an accident in the village of Selanovtsi,..
The official trailer of the film Gundi – Legend of Love caused a veritable sensation, turning into the biggest success in the history of Bulgarian..
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