Bulgaria’s gross domestic product is to decrease by 4% in 2020 and then regain ground with 4.1% growth in 2021 the International Monetary Fund forecasts in its latest World Economic Outlook report presented on Tuesday.
IMF expects that inflation in Bulgaria will slow down from 2.5% in 2019 to 1.2% in 2020 and then increase to 1.7% in 2021.
Unemployment in Bulgaria is to increase from 4.2% in 2019 to 5.6% in 2020. In 2021, Bulgaria’s unemployment is expected to fall to 4.5%, IMF further forecasts.
Vazrazhdane and There Is Such a People (ITN) are to submit, to the National Assembly, a draft decision for the holding of a referendum on preserving the Bulgarian Lev, said Vazrazhdane MP Tsoncho Ganev. This is an initiative which the previous..
Answering a question in parliament, caretaker Minister of Culture Maestro Nayden Todorov stated that the National Culture Fund has a staff of only 11, people who have to distribute millions of euro for culture under the Recovery and Resilience Plan...
During a discussion with US President Joe Biden at the 75 th anniversary NATO summit in Washington DC, Bulgaria’s caretaker Prime Minister Dimitar Glavchev stated that Bulgaria is a loyal and reliable ally. On his part, President Biden expressed..
Wednesday will be hot and sunny. There will be clouds in the afternoon, but rain will only fall in parts of Eastern Bulgaria and in the mountains...
The National Museum of Literature celebrates 174 years since the birth of Ivan Vazov. The celebration also marks the round anniversary of the first..
State gas supplier Bulgargaz has filed a lawsuit against Russia's Gazprom Export at the ICC International Court of Arbitration in Paris, the Bulgarian..
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