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Germany's Minister of Foreign Affairs arrives on visit to Bulgaria

Germany's Foreign Minister Heiko Maas is arriving on visit to Bulgaria. The first diplomat of the federal republic will meet with Deputy Prime Minister and Minister of Foreign Affairs Ekaterina Zaharieva. The talks are expected to focus on economic..

18.06.20 09:53 |

OECD: Second wave of Covid-19 will shrink the Bulgarian economy by over 8%

The Bulgarian economy grew before the pandemic, but in 2020 it is facing its most serious contraction since the late 1990s. In the most favourable scenario with the epidemic subsiding by the summer, its production will shrink by 7.1% in 2020, and in..

12.06.20 19:05 |
Economy Minister Emil Karanikolov

In 2021, Bulgaria expects to reach economic level before Covid-19

The forecasts are that in 2021 Bulgaria will be able to restore the economic conditions before the pandemic. Even for the first quarter the results are better than the first 3 months of 2019, Bulgaria's Minister of Economy Emil Karanikolov told the BNR...

31.05.20 12:00 |

Covid-19 in Bulgaria: Day 72

Crisis cause s deflation of 0.6% in April The National Statistical Institute has reported a deflation of 0.6% in April compared to March. Inflation is 1.8 percent compared to April 2019. The biggest drop is in transport prices - 6.8%,..

18.05.20 21:06 |

Prime Minister Borissov addresses CEI leaders

National measures are the first response to the contagion, but regional and global cooperation is essential to successfully address the effects of the Covid-19 pandemic. This was stated by Bulgaria's Prime Minister Boyko Borissov before the online..

15.05.20 15:29 |
Economy Minister Emil Karanikolov

Large investor in automotive industry to Bulgaria after state of emergency ends

"The Bulgarian economy has its difficulties. It is part of the European economy where there is talk of an extremely severe recession", Bulgaria's Minister of Economy Emil Karanikolov said in an interview with the Bulgarian National Television. He pointed..

07.05.20 17:11 |

Alpha Research poll: Bulgarian businesses expect to recover from the crisis within 1 year

79% of Bulgarian companies have incurred  losses as a result of the Covid-19 crisis, a study by Alpha Research indicates. 7% of companies have suffered limited loss of profits. 15 percent declare losses worth 100% percent. 21% felt no difficulties...

04.05.20 16:02 |
Radosvet Radev, president of the Bulgarian Industrial Association

Bulgarian Industrial Association: Demand for work force will only restore at end of 2020

The loosening of the measures against the spread of Covid-19 in Bulgaria will not directly affect employment levels. Unemployment will continue to rise for at least another 2 months, officials from the Bulgarian Industrial Association (BIA) predict ...

04.05.20 13:27 |

The Council will seek consensus for lifting Covid-19 containment measures

The cabinet has approved Bulgaria’s position that will be voiced at the video-conference sitting of the European Council scheduled for April 23. The Council will seek consensus for joint European roadmap towards lifting Covid-19 containment measures...

22.04.20 13:07 |
Political analyst Evgenii Dainov

Political analyst Evgenii Dainov: It is high time we thought about the economy as well

While all countries in Europe are already announcing phased strategies for exiting the lockdown caused by the Covid-19 pandemic in order to avoid the arrival of hunger, the only thing we are doing is to keep counting the numbers of those infected . Such..

10.04.20 15:33 |
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