If there is no second wave of Covid-19, the crisis for the Bulgarian economy will be averagely deep, lasting from 2 to 3 quarters. The annual decline will be from 5 to 7%. The recovery will continue throughout 2021, at the end of which pre-crisis levels will be reached. Real growth will begin in 2022, suggests the Annual Report on Economic Development and Policies of Bulgaria from the Institute for Economic Research at the Bulgarian Academy of Sciences.
The co-ruling BSP proposes a bill to introduce a ceiling on the markup for basic foods. The leader of Stand Up.BG, Maya Manolova, who yesterday announced her candidacy for ombudsman, told the Bulgarian National Radio that the..
GERB never falsifies things and it is clear what the hole in the budget is due to. Let's humble ourselves a little and not try to shift the responsibility to other people. This is how Minister of Finance Temenuzhka Petkova addressed..
The Defence Committee has approved the purchase of Link 22 communication systems for the new Bulgarian military ships . The deal totalling over 1.35 million euros is being submitted for approval in parliament, as the 2025 budget is..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I..
T he Federation of Consumers in Bulgaria, the movement “The system is killing us” and the Allied Pensioners Unions have called for a boycott of the high..
The Bulgarian Ministry of Foreign Affairs is urging the Bulgarian citizens on the Greek islands of the Cyclades, who have decided not to leave the..
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