Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria's GDP is expected to rise by 3.5% in 2021

Photo: library

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.



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

Head of State presents Presidential Badge of Honour to the Bulgarian National Radio

Bulgarian head of state Rumen Radev presented the Presidential Badge of Honour to the Bulgarian National Radio (BNR). The award was received by BNR Director General Milen Mitev during the solemn concert at the Sofia Opera and..

published on 1/26/25 9:45 AM

BNR presents its annual awards "Sirak Skitnik"

The Bulgarian National Radio has presented its annual journalism awards "Sirak Skitnik". The grand prize went to Tsveti Radeva, host of the folk music show "Imat li pesnite spirane" on Horizont channel.  The grand prize was presented by..

published on 1/25/25 6:43 PM

Weather forecast: Fog, sun and clouds will alternate on Sunday

During the night, the cloud cover will remain significant over the eastern parts of Bulgaria. Clear skies are in the forecast for the rest of the country. Around and after midnight, there will be fog in some valleys and lowlands . Minimum..

published on 1/25/25 5:20 PM