The Bulgarian economy grew during the fourth quarter of last year by 2.2% compared to the previous quarter, but shrank by 3.8% on a yearly basis, preliminary National Statistical Institute data show.
Over the entire 2020 the GDP of the country shrank by 4.2% compared to 2019. During the pandemic year, 2020, Bulgaria’s GDP reached a nominal value of 118.605 billion Leva (60.642 billion euro), or 17.109 Leva of the index value (8,748 euro) per capita of the population. The industrial sector created 26.5% of the added value of the economy, the services – 69.5%, and the agrarian sector– 4.0% of the added value. The value of final consumption last year stands at 79.3% of the GDP.
Hundreds of citizens protested last night in central Sofia and other major cities, expressing support for rule of law and free and fair elections. The protest was mottoed ''Who Blocked the Constitution''. ''In a criminal symbiosis, the state-owned..
Staff shortages are worsening as more hotels and restaurants open in coastal resorts and staff demand better conditions and pay, according to Pavlin Kossev, chairman of the Varna branch of the Bulgarian Hotel and Restaurant Association. This is..
On Thursday, after the expected overnight precipitation in the morning, the minimum temperatures will be 10 to 15°C. In Sofia it will be around 11°. Clouds will be more frequent during the day. In some places, especially in southwestern Bulgaria and in..
EUR 87 million under the operational programme Transport Connectivity, earmarked for the Russe-Veliko Tarnovo motorway is being redirected to the Europe..
Bulgarian Ambassador to the United States Georgi Panayotov and Raycho Raychev, founder and CEO of the Bulgarian company EnduroSat , met with experts..
On Friday the weather in Bulgaria will be mostly sunny. There will be more significant cloudiness over Northwestern Bulgaria and there will be..
Partly Cloudy
Mostly Cloudy