The Bulgarian economy grew during the fourth quarter of last year by 2.2% compared to the previous quarter, but shrank by 3.8% on a yearly basis, preliminary National Statistical Institute data show.
Over the entire 2020 the GDP of the country shrank by 4.2% compared to 2019. During the pandemic year, 2020, Bulgaria’s GDP reached a nominal value of 118.605 billion Leva (60.642 billion euro), or 17.109 Leva of the index value (8,748 euro) per capita of the population. The industrial sector created 26.5% of the added value of the economy, the services – 69.5%, and the agrarian sector– 4.0% of the added value. The value of final consumption last year stands at 79.3% of the GDP.
Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this occasion, Caretaker Environment Minister Petar Dimitrov called for work to improve and repair the water..
From March 30, 2025, a new direct flight will connect Sofia and Pisa, Italy. A statement from Sofia Airport states that the flights will be operated by the low-cost airline Ryanair and will operate three times a week - every Tuesday, Thursday and..
The parliamentary group of Democratic Bulgaria has offered GERB-SDS and "BSP-United Left" to vote "for" the candidacy of Silvi Kirilov from ITN for the post of Speaker of the 51st National Assembly. Yordan Ivanov, MP from "We Continue the..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The U.S. Department of State today released the data for the refused type B visas for the financial year 2024. For Bulgaria, this percentage is 6.02%,..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
Partly Cloudy
Mostly Cloudy
Cloudy