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.
Starting October 11, 2024, a Turkish shipping company will operate a ferry connection between Istanbul and Burgas. It will mainly transport tourists who are in Turkey and want to come on a sea trip to Bulgaria for a day or two, Maria..
The former honorary leader of the Movement for Rights and Freedoms (DPS), Ahmed Dogan, who founded the movement in 1990, and the people around him are no longer part of the DPS. This was what the chairman of the DPS parliamentary..
The US is investing $240,000 in the ReBonkers Cultural Center in Varna through the Ambassadors Fund for Cultural Preservation (AFCP), the US Embassy in Sofia reported. Varna is the largest beneficiary of an AFCP project in Europe this..
The Central Election Commission held a draw to determine the order in which the parties and coalitions will appear on the ballot for the early..
The first coordination meeting with the participation of all structures involved in the contract for the acquisition of Stryker combat vehicles for the..
Bulgaria supports the United Nations' mission of having humanity's future shaped by development policies and not by military conflicts, President Rumen..
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