In 2020, the Bulgarian economy contracted by 4.6%. In 2021, it is set to rebound and grow by up to 3.6%, reads the conclusion of experts from the International Monetary Fund made within the traditional consultations.
IMF recommends that Bulgaria adopt flexible policies to mitigate the shock of the coronavirus pandemic, which led to an increase of this country’s budget deficit. Meanwhile, Bulgaria should monitor the situation regarding non-performing loans. IMF calls on Bulgaria to continue the fight against corruption and improve the business environment.
A man and a child have died after they were struck by lightning in the area of Mount Zhultets near Mount Botev in the Central Balkan Mountains. The alert was sent to the mountain rescue service at around 13.30 by a child who was with them, reports BNR..
The fire on the territory of the villages of Voden, Krainovo and Strandzha in the municipality of Bolyarovo has been controlled and localised. Interior Ministry teams will be on the ground to ensure that the fire does not flare up again, Interior Minister..
The standard of living in Sofia and some larger cities in Bulgaria is high. However, more attention should be paid to the regions of the country that are significantly lagging behind in terms of income, economist Georgi Vuldzhev has..
On Sunday a cold front will sweep across the country from West to East. There will be clouds and, in the afternoon, brief showers, thunderstorms and..
A state of emergency remains in force in seven villages in the border municipality of Bolyarovo. The fight against the fire at the village of Voden..
A fire has started in Greece a kilometre and a half from the Bulgarian border and is slowly moving towards it. The fire is located in an extremely..
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