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.
Overnight it will be mostly cloudy, but precipitation will start to decrease from the west. Lows will be between 1° and 6°C, around 2°C in Sofia. On Friday, as the light wind from the northwest intensifies, cloudiness will begin to break up and..
A festival of Bulgarian culture, arts, business and cuisine will be held on Saturday (November 16) at the Josai University in Tokyo , the Japanese-Bulgarian Association said. Two lectures will be given during the event - "Bulgaria - an..
Bulgaria will receive the first eight of the contracted sixteen F-16 Block 70 aircraft next year, caretaker Defence Minister Atanas Zapryanov announced in Dolna Mitropolia. Two aircraft will arrive at the end of March and the remaining six at the end of..
The deadline for challenging the results of the elections for the 51st National Assembly before the Constitutional Court expires today at 5:00 pm. So..
Bulgarian President Rumen Radev said that he hoped that the impasse over the election of the Speaker of the new National Assembly would be resolved..
The Faculty of Physics of Sofia University Saint Kliment Ohridski will be hosting a number of events for the first time . It will open its laboratories..
Partly Cloudy
Mostly Cloudy