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.
In the first quarter of 2025, GDP grew by 3.1% compared to the first quarter of 2024 and by 0.6% compared to the fourth quarter of 2024, the National Statistical Institute announced. Converted into euros, GDP is 23.324 billion..
The position of the Republic of Bulgaria is clear. We have no bilateral issue with the Republic of North Macedonia. This was what Prime Minister Rosen Zhelyazkov said in parliament and recalled that last week the National Assembly..
Bulgaria will send a new request for a second payment under the National Recovery and Resilience Plan in July, Deputy Prime Minister and Minister of Innovation and Growth Tomislav Donchev announced during parliamentary control...
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..
The Bulgarian National Radio Symphony Orchestra undertook effective protest action, as shown in videos of their June 6 concert at Bulgaria Hall, which..
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