Although 2020 ended less than a week ago, the consequences of the Covid-19 crisis that marked it, will have a long effect on the mental, emotional and especially the financial well-being of Bulgarians and of all other nations in the world. We..
The World Bank has lowered its forecast for the growth of the Bulgarian economy for the current year to 3.3% compared to 4.3% in its June report. In 2022, the institution expects Bulgaria’s growth to accelerate to a level of 3.7%. At the same time,..
The Bulgarian economy will start growing after the crisis, but this will happen next year at the earliest. The worst consequence of the pandemic is deferred consumption. Because of it in 2020 the state budget did not receive more than 500 million..
"When we talk about national recovery and sustainability plans, we are talking about investments and reforms, qualitative changes in the economy that will bring sustainability and a more globally competitive European and Bulgarian economy. " This was..
Bulgaria's Prime Minister Boyko Borissov has written on his Facebook account that world experts refute the theses of his political opponents about an imminent bankruptcy of the country . "We manage to support the economy and the finances, despite the..
The international rating agency Standard & Poor's Global Ratings has confirmed the long-term and short-term credit rating of Bulgaria in foreign and local currency 'BBB/A-2'. This was announced by the Bulgarian Ministry of Finance. The..
The National Crisis Headquarters has called on the government to introduce a lockdown, in order to contain the spread of coronavirus infection and ease the pressure on this country’s health system. According to sociological surveys, anxiety among..
Prime Minister Boyko Borissov opposes a new complete lockdown of the country because of the spread of Covid-19, although there is serious pressure on the health-care system. According to him, restrictions should not be excessive, as this country needs..
In the period January - August 2020, exports of goods from Bulgaria to the EU decreased by 6.7% compared to the same period in 2019 and amounted to just under 12 billion euros. This is shown by NSI data. Bulgaria's main trade partners are Germany,..
Bulgaria retains the chance to avoid downward spiral in the current Covid-19 crisis thanks to the help of the anti-crisis measures and the emergency capital injections in its health and financial system. This country can revive its..
