Bulgaria’s economy will contract by 5% in 2020, the European Bank for Reconstruction and Development forecasts. In 2021, this country's economy may rebound quickly, but it all depends on easing the measures against the spread of Covid-19 and the dynamic of the situation regarding the coronavirus infection, the bank notes. According to this financial institution, services, retail trade and tourism are the most affected sectors by the crisis.
''There’s no money for new submarines'', said Bulgaria’s Minister of Defense Atanas Zapryanov. That’s why the defense investment projects through 2032 do not include the purchase of submarines, whether second-hand or small ones, added Chief of..
At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose Queen marked the beginning of the culminating days of the Rose Festival in Kazanlak. The festival will..
At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the plains and around water basins. On Saturday before noon it will be mostly sunny. In the afternoon,..
At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose..
"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the..
At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the..
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