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 convergence report for joining the Eurozone will be requested after February 18, when the draft state budget is submitted. In an interview with public broadcaster BNT, Bulgaria’s Prime Minister Rosen Zhelyazkov stated that the draft budget..
The Bulgarian National Radio celebrates its 90th anniversary on January 25 with a gala concert with the participation of all ensembles of the BNR at the Sofia Opera. Before that, the Sirak Skitnik Award will be presented at a..
In the context of the efforts to release the Bulgarian citizens detained on board the Galaxy Leader ship, the Minister of Foreign Affairs of the Republic of Bulgaria, Mr. Georg Georgiev, paid a working visit to the Sultanate of Oman, where he met with..
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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