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.
On May 2, 2024, the Governing Council of the European Central Bank adopted an opinion expressing a positive assessment of the draft Law on the introduction of the euro in the Republic of Bulgaria. The ECB has welcomed the aim of the draft law..
On May 5, the fifth unit of Bulgaria's only nuclear power plant at Kozloduy will be shut down for planned annual repairs and refueling with nuclear fuel. In accordance with the diversification program of the Kozloduy NPP, RWFA type cartridges..
Bulgaria has climbed 12 positions to 59th place in Reporters Without Borders' annual media freedom ranking for 2024, published on the occasion of May 3 - World Press Freedom Day. Bulgaria significantly improves its position in the global rating, which..
The synoptic situation becomes more complicated next day . There will be short and at times heavy rain showers in the western part of Bulgaria during the..
Bulgaria's Prime Minister Dimitar Glavchev will file a report with the National Security Agency and the prosecutor's office regarding the scandalous case..
On May 2, 2024, the Governing Council of the European Central Bank adopted an opinion expressing a positive assessment of the draft Law on the..
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