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Agriculture is among least impacted sectors by Covid-19 pandemic

Gross value added in Bulgaria’s agriculture, forestry and fishery in 2019 increased with 4.1% as compared to 2018 and amounted to nearly EUR 2 billion, the analysis part of the government’s annual report on the state and development of this..

25.11.20 14:50 |

Green restart and prospects for a sustainable future of Bulgaria

The recovery and development plan, presented at the end of last month by Bulgaria’s Deputy Prime Minister Tomislav Donchev, put on the agenda a number of issues related to the development of various aspects of the Bulgarian economy in the..

19.11.20 17:23 |
MP Nigyar Dzhafer

Bulgarians have paid between EUR 41 million and EUR 51 million for PCR tests

Bulgarian patients must have free-of-charge access to PCR tests. Bulgarians have paid roughly between EUR 41 million and EUR 51 million for PCR tests until now, DPS MP Nigyar Dzhafer, who also serves as Deputy Speaker of Bulgaria’s National Assembly..

19.11.20 13:35 |
Minister of Economy Lachezar Borisov (L)

Covid-19 crisis does not hinder investments: economy minister

In the third quarter of 2020, Bulgaria’s gross domestic product marked a 4.3% increase as compared to the previous trimester, this country’s Minister of Economy Lachezar Borisov announced. The Covid-19 crisis has not hindered investments in this..

17.11.20 14:44 |

43% of Bulgarian companies expect graver challenges amidst Covid-19 crisis

A European survey on the expectations of Bulgarian companies on key economic indicators in 2021 ranks Bulgaria among the biggest pessimists among 29 countries. Among the main problems, the business sector in Bulgaria points out the debts as a result of..

11.11.20 15:30 |

Bulgaria stands chance of recovering from Covid-19 crisis with the help of EU and budgetary funding

Bulgaria retains the chance to avoid downward spiral in the current Covid-19 crisis thanks to the help of the anti-crisis measures and the emergency capital injections in its health and financial system.   This country can revive its..

10.11.20 15:59 |

BICA supports National Recovery and Sustainability Plan

The Bulgarian Industrial Capital Asociation has supported the National Recovery and Sustainability Plan. A total of EUR 5.7 billion will be invested in Bulgaria in the next 5 years under this plan. According to BICA, “this resource is an unprecedented..

08.11.20 16:29 |

Industrial production in Bulgaria is at risk

Nearly 10% of the Bulgarian workers have been placed under quarantine since the beginning of the Covid-19 crisis. The number of paid sick leaves issued in connection with the coronavirus pandemic amounted to 27,000. Some enterprises risk suspending..

05.11.20 15:25 |

Forthcoming winter season to pass under motto: “Winter sports make you healthier”

The 2021 Annual Programme for National Tourism Advertising will focus on specialized types of tourism. Bulgaria aims to become a safe tourist destination providing year-round tourism opportunities. The emphasis will be laid on proposals for..

04.11.20 12:02 |

Bulgaria increases government debt to 19.84 billion euros due to Covid-19 crisis

Bulgaria's government debt will increase to BGN 38.8 billion /EUR 19.84/ by the end of 2023. This is written in the draft of the debt management strategy of Bulgaria, published on the website of the Ministry of Finance, BNR reports. In the period..

22.10.20 13:02 |
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