The economies of the 27 EU countries contracted at a record high in the first quarter of 2020 by 3.3%. Only 9 countries show a small growth. Among them is Bulgaria with a 2.4% increase in GDP compared to the same period in 2019, Eurostat reported.
Compared to December 2019, only the economies of Finland, Bulgaria and Romania have a growth of 0.3 percent.
According to national statistics, Bulgaria has a weaker growth in the first quarter compared to the same period in 2019. Then GDP growth was 3.1%, while in 2020 it was 2.4%. The sharp slowdown is due to the decline in final consumption, which began before the Covid-19 pandemic, according to the National Statistical Institute.
On Thursday, the lowest temperatures will be between 11 and 19°C. In Sofia it will be 13°C. During the day the cloudiness will be variable, decreasing to sunny over many areas. There will be short showers only in the mountains of..
On Friday, the National Assembly will vote on a no-confidence motion against the cabinet of Prime Minister Rosen Zhelyazkov over ''failures in environmental and water policy''. The fourth no-confidence motion against the current government was tabled..
The Speaker of the Parliament of Albania, Elisa Spiropali, has arrived in Bulgaria for an official visit. The two-day visit is at the invitation of National Assembly Speaker Natalia Kiselova . Elisa Spiropali was welcomed at the airport by the..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
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