"The pandemic requires decisive measures and society has accepted them with understanding," President Rumen Radev said in a statement regarding the situation in the country caused by Covid-19. He pointed out that extraordinary restrictions have slowed the disease but have led to social paralysis and triggered an unprecedented social and economic crisis.
Unemployment is rising fast and hunger can soon outweigh fear, President Radev warned. "When the state imposes restrictions, it must offer adequate compensation to both workers and businesses," the President added. He pointed out the need for urgent review of some provisions of the adopted emergency law that block economic life.
The expected decline in Bulgarian exports to the US due to the new tariffs is about 32.8%. This is 1.5 percent of the country's total exports, says Deputy Minister of Economy and Industry Doncho Barbalov. The decline in Bulgarian GDP in 2025 due to the..
The largest arms manufacturer in Europe - Rheinmetall, will make 155 mm projectiles in Bulgaria. This is clear from the transcript of a government meeting. The investment in the state-owned armament factory VMZ-Sopot will be with a Bulgarian..
An impressive air show accompanies the festival of hits from the 90s SPICE Music. It is performed for the first time within the framework of this year's edition, on the occasion of the 20th anniversary of the establishment of the..
For the first 7 months of 2025, compared to the same period in 2024, electricity exports from Bulgaria have been growing. This was..
President Rumen Radev has returned amendments to the State Property Act to Parliament for further discussion, the President’s press office announced. The..
The Holy Trinity Bulgarian Orthodox Church in Madison, Illinois, is hosting the Sixth Annual Bulgarian Festival and invites the local Bulgarian community..
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