Bulgarian economy has contracted in the second quarter of the year by a record 10% compared to the first three months of the year and also recorded the most dramatic decline on an annual basis by 8.5% since 1997.
Data from the National Statistical Institute are for the period of the strictest anti-epidemic quarantine measures aimed at limiting the spread of COVID-19. GDP decreased in the second quarter of 2020 by as much as 10% compared to the first three months, when it grew slightly by 0.3 percent. This has been the worst economic quarter for Bulgaria for a quarter of a century. For the second quarter, GDP reached over 14 billion euros or 2016 euros per capita.
"The judicial reform has been thrown in the bin. It is a model that shows the utter madness of concentrating so much power at the top of a repressive institution and having no control over the figure who runs it. The court has said that Bulgaria is a..
Two Bulgarian military helicopters will today help to extinguish the fire burning on the Slavyanka mountain on the border between Bulgaria and Greece. Yesterday the forest fire in Greece reached and crossed the border. On Bulgarian territory it is a..
Today the Bulgarian Socialist Party (BSP) is gathering thousands of supporters of leftist ideas at its traditional festive rally under the Buzludzha peak in the Balkan Mountains to mark 133 years since the beginning of the organised socialist movement..
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..
The efforts to put out the fire on the Greek Bulgarian border continue. Two aircraft sent by France under the EU civil protection mechanism will join..
On Tuesday there will be sun and temperatures will be high in the Western part of the country. Over Eastern Bulgaria there will be clouds and,..
Partly Cloudy
sunshine, cloud, rain and thunder
Mostly Cloudy