In May 2020 industrial production in the EU increased with 11.4%, thus making up for some of the collapse registered in the previous two months caused by the Covid-19 pandemic. However, industrial production in Bulgaria in May continued to decline. It fell 0.1% as compared to April, data of Eurostat show. In March and April industrial production in Bulgaria shrank by a total of 16.7% due to the coronavirus pandemic. In May 2020 industrial production fell 16.1% as compared to May 2019. Bulgaria’s industry cannot overcome the crisis due to the ongoing crisis in exports which declined 21.4% in May 2020 as compared to May last year. Exports of fuels, machines and car parts are most affected by the Covid-19 crisis.
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim Burgas . Yesterday, the Financial Times, citing its own sources, reported that Russian energy giant..
Bulgarian politicians took to social media to congratulate Donald Trump on his election as President of the United States. President Rumen Radev was among the first Bulgarian leaders to tweet congratulations to Donald Trump on his election..
Metallurgy, heavy and mining industry are an irrevocable part of the full-fledged economic development of Europe. This was stated by Bulgarian President Rumen Radev at the solemn celebration of the Metallurgist's Day in Sofia, which was held under the..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
A protest organized by nationalist organizations in front of the Ivan Vazov National Theatre last night against the premiere of Bernard Shaw’s play..
The protest in front of the National theatre was pre-announced and more than 60 law enforcement officers were dispatched to secure the theatre building,..
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