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.
The nine-year-old boy, who was seriously injured in an accident with a cleaning machine on the central beach in Sozopol, has stable parameters, "Pirogov" reported. The child was transported by air from Burgas and underwent diagnostic..
The fire at a landfill in the village of Tsalapitsa near Plovdiv has been completely extinguished, but a team of fire-fighters with equipment remains there, Plovdiv Mayor Kostadin Dimitrov announced. The air quality indicators..
On Sunday the weather will be predominantly sunny over most of the country. Cumulus clouds will form before midday over the Southeasternmost regions where there will be occasional showers. In the afternoon cumulus rain clouds will form over..
Bulgaria introduces mandatory disinfection of vehicles at all border crossings because of outbreaks of small ruminant plague in Northern..
The fires in the south-western regions of Bulgaria continue , as more than 15,000 decares of forests have already burned. The battle..
On Tuesday , the clouds will be variable, more significant in the afternoon over Eastern Bulgaria and the mountains and in places there will be rain and..
Partly Cloudy
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
Mostly Cloudy