Bulgaria’s total exports in the first 5 months of 2020 has decreased with 8.1% to nearly EUR 10.5 billion as compared to the same period in 2019 which was due to the coronavirus epidemic, preliminary data of the National Statistical Institute show. Imports shrank by 12.7% to nearly EUR 11.5 billion. Bulgaria’s exports to the EU fell 7.7% to nearly EUR 7.1 billion as compared to the first five months of 2019. Exports to third countries declined with 8.9% to nearly EUR 4 billion. Meanwhile, imports from the EU decreased with 13.2% to nearly EUR 7.1 billion and imports from non-EU countries shrank with 11.9% to nearly EUR 4.6 billion. A certain boost in trade is expected after the relaxation of the anti-epidemic measures in Bulgaria.
On Wednesday , the lowest temperatures will be between 7 and 12°C. In Sofia it will be around 8°C. Before noon it will be sunny. In the afternoon, rainy clouds will develop over the western massifs and there will be short-term rain..
The European Commission has announced that it has received a request from Bulgaria to revise its national recovery and resilience plan. The Commission will examine the request, submitted by the country on 16 April, and forward it to the EU Council for..
The state cannot afford to increase public sector salaries by 10% this year, as demanded by trade unions. This was stated by Social Affairs Minister Borislav Gutsanov. The minister pointed out that taxes had not been changed, while pensions had been..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
The EU Court of Justice in Luxembourg has restricted the practices of quick loan companies. The magistrates ruled that the guarantors'..
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