The Bulgarian economy grew during the fourth quarter of last year by 2.2% compared to the previous quarter, but shrank by 3.8% on a yearly basis, preliminary National Statistical Institute data show.
Over the entire 2020 the GDP of the country shrank by 4.2% compared to 2019. During the pandemic year, 2020, Bulgaria’s GDP reached a nominal value of 118.605 billion Leva (60.642 billion euro), or 17.109 Leva of the index value (8,748 euro) per capita of the population. The industrial sector created 26.5% of the added value of the economy, the services – 69.5%, and the agrarian sector– 4.0% of the added value. The value of final consumption last year stands at 79.3% of the GDP.
On Tuesday, the lowest temperatures will be between minus 5 and 0°C; in Sofia - around minus 5°C. It will remain cold and cloudy with snowfalls over most of the country and rainfall in the southeastern regions. The snow cover will..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced. Thus, its official name becomes Vasil Levski Sofia Airport. According to the Constitution, the Head of..
The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans. A statement..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
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