Bulgaria's economy shrank by 4.2% in 2020 because of the Covid-19 pandemic. Investments declined sharply in the first half of the year because of high economic uncertainty. Imports also shrank by 6.6%. This is what a study by the European Commission shows. According to its spring economic forecast, economic activity in this country is expected to mark a jump" in the second half of this year and gain momentum. GDP could mark a rise of 3.5% in 2021 to 4.7% in 2022, depending on the absorption of recovery funds. Exports of goods are expected to be at the heart of the recovery this year, BNR correspondent to Brussels Angelina Piskova reported.
The "Stand up, Bulgaria" citizens' initiative is collecting signatures for the introduction of a cap on bank fees. The initiative's leader, former ombudsman Maya Manolova , noted that there was already a draft law, submitted by the Bulgarian..
Minister of Tourism Miroslav Borshosh and Marton Nagy - Minister of National Economy of Hungary signed a Memorandum of Understanding in the field of tourism. The Memorandum focuses on the exchange of information and experience in tourism, including..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel Vezhen, which was in the area at the time of the damage. It sails under the Maltese flag and is owned by..
''Bulgaria has welcomed with great relief and joy the release of Bulgarian citizen Daniela Gilboa, who had been held captive by Hamas. This positive..
The Bulgarian National Radio has presented its annual journalism awards "Sirak Skitnik". The grand prize went to Tsveti Radeva, host of the folk music..
By the end of next week, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will send the government its proposals to be..
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