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.
''Bulgaria has welcomed with great relief and joy the release of Bulgarian citizen Daniela Gilboa, who had been held captive by Hamas. This positive outcome is the result of intense diplomatic efforts, in which Bulgaria actively participated'',..
Personnel and military equipment will be transported through the territory of Bulgaria between January 24 and February 9. The Ministry of Defense announced that the military will participate in NATO’s largest exercise for 2025, Steadfast Dart 25...
Plovdiv is sixth in the ranking of the world’s most congested cities, while Sofia is in 52nd place. The study was conducted by the TomTom agency, whose representatives have traveled 700 million kilometers across 62 countries on six continents. Mexico..
Personnel and military equipment will be transported through the territory of Bulgaria between January 24 and February 9. The Ministry of Defense..
''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 oil spill in the Black Sea will not reach the Bulgarian Black Sea coast, BTA reported. According to an analysis of recent satellite images..
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