In 2020 Bulgaria undertook anti-crisis policies which cost 6.7% of the country’s GDP in 2019, the average European spending being 14.3%, indicates an analysis by the Institute of Social and Trade Union Studies of the Confederation of Independent Trade Unions in Bulgaria.
Romania is the only country to have spent less at 4% of its GDP. Portugal, Slovakia and Estonia have spent approximately the same amounts as Bulgaria.
Data show that Bulgaria’s economy policy, though correct and expressed in very specific measures, is by far more conservative than the measures indertaken by the other EU member countries. This is strange, because Bulgaria has no government debt problem or chronic deficit, as most other EU countries do, the analysis comments.
Farmers are donating 19 trucks of their produce for the farmers from Southern Bulgaria affected by the wildfires. The Ministry of Agriculture and the Southwestern State Enterprise are helping the national association United Farmers transport the..
The efforts to put out the fire on the Greek Bulgarian border continue. Two aircraft sent by France under the EU civil protection mechanism will join the efforts in the coming two days , caretaker Prime Minister Dimitar Glavchev said, and went on to..
An explosion has occurred at the Sviloza cellulose factory near Svishtov. Two employees from the factory fire service have been injured, Interior Minister Kalin Stoyanov said. The incident took place at around 11 am. The fire has now been fully..
It will be sunny on Monday. Clouds will form over the northern, central and northeastern parts of the country in the afternoon and the evening with a..
The efforts to put out the fire on the Greek Bulgarian border continue. Two aircraft sent by France under the EU civil protection mechanism will join..
On Tuesday there will be sun and temperatures will be high in the Western part of the country. Over Eastern Bulgaria there will be clouds and,..
Partly Cloudy
sunshine, cloud, rain and thunder
Mostly Cloudy