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.
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I have full support and I am certain that GERB will give its solid support to this budget with a..
We do not expect there to be any significant changes in the expenditure section of the budget for 2025, but the capital programme will be amended, Petar Mishev from the Institute for Social and Trade Union Research at the Confederation of..
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 seismic zone, to get in touch with the Bulgarian embassy in Athens and to provide contact information..
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..
Bulgaria’s Minister of Interior Minister Daniel Mitov announced with a post on the social networks that the General Directorate for Combating Organized..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I..
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