The Bulgarian economy marked a 4.3% growth rate during the third quarter compared to the second quarter, when a record decline of 10.1% was registered, National Statistical Institute data indicate.
Compared to the third quarter of 2019, the GDP continues to shrink by 5.2% year over year. Due to the strict quarantine during the second quarter the annual decline reached 8.6%, the worst economic downturn in the country since the beginning of 1997.
Final consumption registered a positive economic growth rate of 9.3% in the third quarter of 2020 compared to a year earlier. The external balance is positive, National Statistical Institute figures show.
On Friday morning there will be fog or low clouds in the lowlands and valleys. Minimum temperatures will be between -3°C and 10°C in the Pre-Balkan, around 1°C in Sofia. Visibility will improve after midday, but clouds will increase from the north-west..
Protests could erupt if the National Assembly fails to approve this year's state budget, Lyuboslav Kostov, chief economist at the Confederation of Independent Trade Unions of Bulgaria (CITUB), said in an interview with BNR. "Once again, the budget..
MPs unanimously adopted at first reading the caretaker government's proposed law on revenues and expenditures in 2025, pending the adoption of the state budget. "The main objective is to ensure financial stability and the normal functioning of..
Bulgaria has made significant progress in meeting the criteria for inclusion in the U.S. Visa Waiver Program, caretaker Minister of Foreign..
The government's position is constant. The Bulgarian Orthodox Church (BOC) is one and indivisible, its unity is of particular importance..
The General Consulate of Bulgaria in Los Angeles warned on its Facebook page that the fires in the metropolis have caused water contamination..
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