The GDP of Bulgaria will shrink by 5.1 % in 2020, but will grow by 2% in 2021 and 3.7% in 2022, indicates the European Commission’s autumn economic forecast. In July Brussels predicted a bigger decline for the country (-7.1%), but also a higher growth rate for next year (+5.3%).
The Bulgarian economy has started to recover after the sharp decline during the second quarter, and is expected to continue to grow, according to the EC forecast. Domestic demand and exports will contribute to the growth. Unemployment is becoming stabilized after the initial steep rise, in part because of the state-funded measures for protecting jobs.
Citing data from the European Commission, Prime Minister Boyko Borissov wrote on his Facebook profile that "Bulgaria is the only country in the European Union whose deficit wоулд not exceed 3% of the country's GDP in 2020.
The snow in Northeastern Bulgaria has made skiing possible at the end of February. Today, the ski season opened in Valchi Dol, where the only track in Varna Region is located. It is only 250 meters long, but the locals use it with pleasure, BNT..
DPS-DPS around Ahmed Dogan wants to have its own deputy ministers, regional and deputy regional governors, as well as representatives in the regulators, in order to take political responsibility. This was stated to BNT by the party's MP Ramadan Atalay...
The patriots from Vazrazhdane parliamentary party and civil organizations against Bulgaria's accession to the Eurozone have announced a protest for today. They call for a wide public debate on the consequences from the introduction of the euro...
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory..
More than 550,000 people received support last year under the European programme Food and Basic Material Assistance – packages of staple foods and nine..
For the third year running, the number of young doctors who want to remain in Bulgaria after graduation has been going up, indicate the results of a..
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