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 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..
From July 24 to 26, Kyustendil will host the 21st edition of the International Folklore Festival "Srebarna Pafta/Silver Belt Buckle" – a celebration of cultural diversity and dance art from around the world, BTA reports. The festival will bring..
On Thursday morning, temperatures will range from 19 to 23°C, 21°C in Sofia. Considerable cloud cover is expected over the eastern regions during the morning, with showers likely in north-eastern Bulgaria. The rest of the country will see sunny weather...
A total of 85 folk ensembles from across the country will participate in the "Sparks from the Past" festival, which will take place in the..
From July 28 to August 3, the town of Blagoevgrad (Southwestern Bulgaria) will host the 32nd edition of the prestigious International Mathematics..
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