Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Critical autumn and economic growth at end of 2020 expected

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

President Radev to hand the third government-forming mandate to There Is Such a People

President Rumen Radev will hand the third government-forming mandate to representatives of There Is Such a People (ITN). The mandate will be presented at 12 p.m on Monday, the Presidency press service reported. Thus, ITN gets the last chance to..

published on 7/29/24 8:49 AM

The mayors of Tutrakan and Oltenița negotiatе the future ferry link

The construction of a ferry link between Tutrakan and the Romanian town of Oltenița is expected to begin soon, the mayor of Tutrakan Municipality Dimitar Stefanov wrote  on Facebook after a meeting with his Romanian counterpart Mihăiță Beștea...

published on 7/29/24 6:10 AM

Code Yellow alert for hot weather issued for 21 Bulgarian districts

It will be sunny on Monday. Clouds will form over the northern, central and northeastern parts of the country in the afternoon and the evening with a chance of brief showers. There will be conditions for hail. The lowest temperatures will range from..

published on 7/28/24 5:20 PM