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

MEPs are concerned about Russian interference in the Bulgarian elections on June 9

MEPs are concerned about Russian interference in the upcoming elections on June 9, and the properties on the territory of Bulgaria currently owned by Russian authorities, reads a draft resolution of the European People's Party on new allegations of..

published on 4/24/24 11:17 AM

MPs observe a minute of silence to honor the victims of the Armenian Genocide

Members of Parliament  observed a minute of silence to honor the victims of the Armenian Genocide in the Ottoman Empire (1915-1916). April 24 was declared Armenian Genocide Remembrance Day. BSP MP Atanas Zafirov proposed that a minute of..

published on 4/24/24 10:58 AM

US Department of State: No significant changes in the human rights situation in Bulgaria

There were no significant changes in the human rights situation in Bulgaria during the year, reads the US Department of State’s 2023 Country Report on Human Rights Practices. ''Significant human rights issues included credible reports of: torture or..

published on 4/24/24 9:41 AM