Tourism, transport, culture and catering are the most affected sectors by the coronavirus crisis, Radosvet Radev, Chairman of the Bulgarian Industrial Association said for BTV. Radosvet Radev referred to the national statistics according to which,..
The majority of Bulgarians say that the economic situation is serious and that the growing prices worry them and they do not trust the government or parliament, a European Commission survey from the end of July says. Asked what worries them..
Bulgaria’s gross domestic product is to decrease by 4% in 2020 and then regain ground with 4.1% growth in 2021, the International Monetary Fund forecasts in its latest World Economic Outlook report. There is a 60% probability that the decline in..
Between January and July 2020 Bulgaria’s export of goods to the EU contracted by 6.5% as compared to the same period last year to nearly EUR 10.5 billion. The largest amounts were reported for the goods exported to Germany, Romania, Italy, Greece,..
A decline of Bulgaria’s gross domestic product of up to 7% would be a success for Bulgaria, this country’s Minister of Economy Lachezar Borisov said in an interview for Darik Radio . In his words, in the second quarter of 2020 Bulgaria’s GDP fell 8.5%..
"As of next week , employers will be able to apply for the construction of children's playgrounds in companies ," wrote Prime Minister Boyko Borissov on his Facebook profile. In this way, working parents who have to pick up their children earlier from..
“Bulgaria had the fastest and most adequate reaction to both the medical and the economic threat posed by the Covid-19 pandemic,” writes Prime Minister Boyko Borissov on Facebook, and adds that the measures taken were put into effect very early on..
The Bulgarian economy registered a 10% decline over the second quarter of 2020 compared to the first three monthsof the year, indicate National Statistical Institute data. How are businesses operating in the conditions of recession, pandemic, and..
Bulgarian economy has contracted in the second quarter of the year by a record 10% compared to the first three months of the year and also recorded the most dramatic decline on an annual basis by 8.5% since 1997. Data from the National..
The economic crisis in Bulgaria is deepening, and the country is among the countries of Southeastern Europe which is spending the most due to the coronavirus. That is why its economic recovery is expected to be slower and more difficult after..
