Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

The decline in GDP in 2020 to be compensated in 2021

Economy Minister Emil Nikolov
Photo: BGNES

The forecasts are for a decline in GDP this year of about 7%, but next year it will increase by 6%, which shows good condition, Bulgaria's Economy Minister Emil Karanikolov told the Bulgarian National Television. It was more important to protect people's lives and health. We have not closed the economy, we have not closed whole sectors, but our economy depends entirely on the European one. Supply links need to be shortened, he commented.

Together with Croatia, we will have the greatest opportunities to take advantage of this, because in the opinion of the European Commission, we entered this crisis extremely prepared, the Minister stressed. We are currently negotiating with large companies and I do not think that there is any problem for them to invest in our country, Karanikolov added.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Most Bulgarians support the country’s membership in NATO

If a referendum was held on whether to continue the country's membership in NATO, 59% of Bulgarians would answer affirmatively, according to a study by the Alliance. According to this indicator, Bulgaria ranks penultimate among..

published on 7/6/24 10:41 AM

Classic car parade takes place in Burgas today

The 17 th classic car and motorcycle parade is to take place in Burgas’ Primorski Park from 10 AM until 2.30PM today. More than 150 collectors from Burgas and the country will take part, Dimo Dzhambazov, chair of the Retro motor club, organizer of..

published on 7/6/24 7:55 AM

Weather forecast: Over the weekend temperatures will rise

On Saturday the weather will be sunny, with cumulus clouds developing in the afternoon in many parts. Temperatures will continue to rise, with minimum temperatures reaching 15-21° C., for Sofia 17° C. Daytime highs will range from 30° C., to 35° C.,..

published on 7/5/24 6:45 PM