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

Incomes and consumption in Bulgaria rise despite crisis

Photo: Facebook /Ministry of Economy

We are being criticized for not giving more money to businesses during the crisis. But we have the most liberal measures for business at the backdrop of the Covid-19 pandemic. Only a few sectors stopped working temporarily, Minister of Economy Lachezar Borisov said in a virtual discussion on the EU Recovery and Resilience Fund for Bulgaria’s Transition.

"Bulgaria is one of the few countries that marked rise in consumption and incomes during the crisis. We have the lowest public debt in the EU," the minister pointed out. Borisov recalled that this country had the lowest budget deficit - 3%, while unemployment rate was also low, BTA reported.



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

Sunny yet cold weather expected on Saturday

The weather on Saturday will be mostly sunny over most of Bulgaria. There will be considerable clouds in eastern Bulgaria before midday and rainfall is expected in the eastern areas, but precipitation will stop also there and clouds will break...

published on 11/22/24 7:35 PM

Greece reinforces police at Promakhon checkpoint on border with Bulgaria to speed up border crossing

Authorities in Greece will deploy more police officers at the Promakhon checkpoint on the border with Bulgaria to speed up the processing of documents for people and vehicles crossing the border, reports BNR's correspondent in Greece, Katya Peeva...

published on 11/22/24 6:09 PM
Hungarian Minister of Interior Sandor Pinter

Romania and Bulgaria have a chance to join Schengen by land as of January 2025

Romania and Bulgaria have a chance to join the Schengen area by land as  of January 2025 , Hungarian Interior Minister Sándor Pinter said after an informal meeting in Budapest of the interior ministers of Hungary, Bulgaria, Romania and Austria ...

published on 11/22/24 4:37 PM