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.
At a meeting between the Bulgarian and Turkish energy ministers in Istanbul,the Bulgarian side expressed desire to revise the agreement between "Bulgargaz" and "Botas" for the supply of gas. Turkey showed understanding and readiness..
An egg-painting workshops is opening today in the garden of the former Knyazheski palace, the Bulgarian Academy of Sciences’ National Ethnographic Museum has announced. The Museum is co-organizer of the event, alongside Sofia municipality...
A record number of contestants from 8 countries are to take part in today’s Kodzha Kaya mountain marathon. Its 6 th edition of hosted by Bilka village in the Eastern portion of the Balkan range. By a tradition the marathon begins at dawn..
On Saturday, minimum temperatures in the country will be between 5 and 10°C, around 5°C in Sofia. The morning will be sunny. In the afternoon it will be..
Ground forces military personnel destroyed an unexploded ordnance found yesterday in Vazrazhdane residential area of Sofia, the press service of the..
Conditions for mountain hiking are good until midday, with the exception of the Balkan Range, where there will be fog and rain, the Mountain Rescue..
+359 2 9336 661