The GDP of Bulgaria will shrink by 5.1 % in 2020, but will grow by 2% in 2021 and 3.7% in 2022, indicates the European Commission’s autumn economic forecast. In July Brussels predicted a bigger decline for the country (-7.1%), but also a higher growth rate for next year (+5.3%).
The Bulgarian economy has started to recover after the sharp decline during the second quarter, and is expected to continue to grow, according to the EC forecast. Domestic demand and exports will contribute to the growth. Unemployment is becoming stabilized after the initial steep rise, in part because of the state-funded measures for protecting jobs.
Citing data from the European Commission, Prime Minister Boyko Borissov wrote on his Facebook profile that "Bulgaria is the only country in the European Union whose deficit wоулд not exceed 3% of the country's GDP in 2020.
On Friday morning, visibility will be reduced in places in the plains, valleys and around water bodies. Minimum temperatures will be from 1 to 4°C, in Sofia - around 1°C. During the day it will be sunny and warm with scattered high clouds. A light to..
In Bulgaria, 58% of presenters and reporters are women, while men account for an average of 69% of participants and guests. These figures come from a targeted monitoring by the Monitoring and Analysis Directorate of the Council for Electronic Media..
At an extraordinary briefing of the Council of Ministers, Deputy Prime Minister and Minister for Innovation and Growth Tomislav Donchev announced that the government will announce next week which of the Recovery and Resilience Programme (RRP) projects will..
The work of journalists from smaller media outlets in Bulgaria is particularly difficult, according to the annual report of the Council of Europe..
A just and lasting peace can be achieved through security for Ukraine and the EU . This was stated by Prime Minister Rosen Zhelyazkov after the end of..
Minister of Interior Daniel Mitov has met with his colleagues from Romania - Cătălin Marian Predoiu, Croatia - Davor Bojinovic, and..
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