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

Ivan Kondov (L) and Igli Hasani

Foreign ministers of Bulgaria and Albania reaffirm support for accelerated construction of Corridor 8

Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the accelerated construction of transport Corridor 8. Romania has asked to join the construction..

published on 11/21/24 9:04 AM

Gale-force winds inflict damage in Vratsa and the environs

Winds of up to 120 kms. per hour inflicted damage in Vratsa, the biggest town in Bulgaria’s Northwest. Dozens of reports have come in of fallen trees and branches onto vehicles and roads, damaged equipment and torn overhead cables. There were..

published on 11/21/24 8:43 AM

Temperatures will drop, snowfall expected in high places

A cold front will pass through the country overnight and tomorrow from the northwest . Rain will fall in many places in the western regions and the Danube Plain, and will quickly turn to snow in the high fields of western Bulgaria and the Balkan Range...

published on 11/20/24 7:35 PM