Text size

Critical autumn and economic growth at end of 2020 expected

published on 7/3/20 7:55 PM

Photo: shutterstock.com

Bulgaria will probably receive the first EU money to deal with the Covid-19 crisis in October, said Deputy Prime Minister Tomislav Donchev. The most acute phase of the economic crisis for us will be in the autumn. All analysts give contradictory assessments of the nature of the crisis and the decline in the country's GDP.

My expectations are that before the end of the year we will return to economic recovery. Everyone agrees that next year, when we are expected to return to growth, it will be much higher and compensatory, said the Deputy Prime Minister.

In the coming years, in addition to energy efficiency, the focus for Bulgaria will be innovation, said Donchev.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News economic growth GDP Tomislav Donchev

More from category

Bulgarian MPs fail in their sixth attempt to elect Parliamentary Speaker

The Bulgarian MPs gathered in plenary today for a sixth attempt to elect a President, which again proved unsuccessful. The chances of electing a Speaker of the 51st National Assembly are minimal The candidates Natalia Kiselova from..

published on 11/27/24 3:06 PM

Bulgaria and Egypt discuss possible direct air routes

Bulgaria's Ambassador to Egypt Deyan Katrachev met with Egypt's newly appointed Minister of Civil Aviation Sameh al-Hefny . At the meeting, which took place on 26 November, both discussed the updating of the air transport agreements between the two..

published on 11/27/24 2:12 PM

Velingrad sheep breeders are fighting to protect their herds

Representatives of the Food Safety Agency have arrived in Velingrad to take new samples from the 1,700 sheep quarantined because of a suspected plague outbreak. BNR correspondent in Pazardzhik Nevena Petrova reported that the Food Agency..

published on 11/27/24 2:06 PM