The Bulgarian economy marked a 4.3% growth rate during the third quarter compared to the second quarter, when a record decline of 10.1% was registered, National Statistical Institute data indicate.
Compared to the third quarter of 2019, the GDP continues to shrink by 5.2% year over year. Due to the strict quarantine during the second quarter the annual decline reached 8.6%, the worst economic downturn in the country since the beginning of 1997.
Final consumption registered a positive economic growth rate of 9.3% in the third quarter of 2020 compared to a year earlier. The external balance is positive, National Statistical Institute figures show.
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
The current year 2025 marks the 30 th anniversary of the Bulgarian Association of Information Technologies (BAIT). Speaking to BTA, the chair of BAIT, Irina Radoeva, said that the information technology industry is the fastest growing. More than..
On Tuesday, minimum temperatures will range from 5 to 10°C , 7°C in Sofia. There will be significant cloud cover throughout the day, with light..
A themed exhibition dedicated to the pumpkin is one of the highlights of the traditional "Autumn Encounters with Plants" and the Days of Autumn..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the..
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