Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Incomes and consumption in Bulgaria rise despite crisis

Photo: Facebook /Ministry of Economy

We are being criticized for not giving more money to businesses during the crisis. But we have the most liberal measures for business at the backdrop of the Covid-19 pandemic. Only a few sectors stopped working temporarily, Minister of Economy Lachezar Borisov said in a virtual discussion on the EU Recovery and Resilience Fund for Bulgaria’s Transition.

"Bulgaria is one of the few countries that marked rise in consumption and incomes during the crisis. We have the lowest public debt in the EU," the minister pointed out. Borisov recalled that this country had the lowest budget deficit - 3%, while unemployment rate was also low, BTA reported.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

President Rumen Radev in Vietnam

Bulgaria's President Rumen Radev begins his official visit to Vietnam

President Rumen Radev has arrived on an official visit to Vietnam . This is the first visit of a foreign head of state since the new President Leung Cuong took office in October this year. President Rumen Radev meets the Bulgarian community in..

published on 11/24/24 12:52 PM
Vazrazdane leader Kostadin Kostadinov

The Economic and Social Council with strong reaction against Vazrazhdane-proposed bill on foreign agents

The Economic and Social Council of the Republic of Bulgaria strongly criticizes the bill tabled by Vazrazhdane party on the registration of foreign agents submitted to the National Assembly. In a resolution, the Council described the proposals as..

published on 11/24/24 12:09 PM

An average of seven unemployed Bulgarians compete for one open position

An average of seven unemployed people are competing for one job across the country in 2024, according to the National Employment Agency. The unemployment rate in Bulgaria remained at 5.2% in October  The strongest competition is in the..

published on 11/24/24 11:55 AM