Bulgaria’s economy has been slowly recovering thanks to an 11.3% rise in exports. Bulgarian economy grew in the fourth quarter of 2020 by 2.1% compared to the third quarter, when it rose by 3.9%, according to an express assessment of the National Statistical Institute - NSI. Compared to the fourth quarter of 2019, however, GDP shrank by 3.8%. Final consumption has the largest share in GDP again - 80.4%.
The average income per household member in the fourth quarter of 2020 was 924 euros and increased by 2 percent compared to the same quarter of 2019, the NSI has reported. Expenditure during the same period was 861 euros, which is a rise of 0.7 percent.
Bulgaria’s National Assembly has passed, at second reading, amendments to the Road Traffic Act. Municipal cameras and those from the national toll system will now be used to detect speeding violations. The changes allow for the introduction of..
Bulgaria retains 13th place in the Henley Passport Index, having climbed 8 positions over the past 10 years, according to the website of the London-based citizenship and residency consultancy Henley & Partners. The Henley Passport Index ranks 199..
Bulgaria has resubmitted its second request for payment under the National Recovery and Resilience Plan (NRRP), amounting to EUR 653 million. The request covers the implementation of 59 milestones and targets, 20 of which were related to legislative..
A Moroccan national was shot while illegally crossing the Bulgarian-Turkish border near the village of Zvezdets, Chief Commissioner Anton Zlatanov,..
Bulgaria’s National Assembly has passed, at second reading, amendments to the Road Traffic Act. Municipal cameras and those from the national toll..
Bulgaria has resubmitted its second request for payment under the National Recovery and Resilience Plan (NRRP), amounting to EUR 653 million. The..
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