Bulgaria's economy shrank by 4.2% in 2020 because of the Covid-19 pandemic. Investments declined sharply in the first half of the year because of high economic uncertainty. Imports also shrank by 6.6%. This is what a study by the European Commission shows. According to its spring economic forecast, economic activity in this country is expected to mark a jump" in the second half of this year and gain momentum. GDP could mark a rise of 3.5% in 2021 to 4.7% in 2022, depending on the absorption of recovery funds. Exports of goods are expected to be at the heart of the recovery this year, BNR correspondent to Brussels Angelina Piskova reported.
Talking to reporters, President Rumen Radev commented on the tensions in society in recent months, and the protests against the euro and the state of the justice system in the country. "Alpha Research": Ruling Coalition Losing Ground..
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''The Bulgarian army is entering an accelerated phase of modernization'', Prime Minister Rosen Zhelyazkov said from the deck of the frigate "Verni" during the High-Level Visitors Day of the Breeze 2025 naval exercise in Varna. Next week, the..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
Bulgaria's parliament has approved new regulations for electric scooters, introducing mandatory registration and civil liability insurance under..
Last night, thousands of people gathered in front of the Palace of Justice in Sofia to protest, demanding an independent judiciary and expressing support..
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