The European Commission has approved a Bulgarian measure amounting to EUR 4.4 million to assist the airports in Burgas and Varna.
The measure has been approved in accordance with the Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak, and envisages concession fee deferral payable to Fraport Twin Star Airport Management AD, the company which runs the two airports towards Bulgaria which is owner of the infrastructure of the airports. The aim of the measure is to help the two airports cope with the shortage of liquid assets they are facing because of the pandemic by reducing the expenditures of the airport operator.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
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