Bulgaria is terminating its membership of the International Investment Bank and the International Bank for Economic Cooperation over the Russian aggression in Ukraine, Lena Borislavova, head of the political cabinet of the prime minister announced at a briefing.
The two banks were established in Moscow and are better known as the banks of the former Council for Mutual Economic Assistance, or Comecon. Russia remains their biggest shareholder.
Lena Borislavova also announced that the government will help Ukraine with tents, sleeping bags, camp beds, stationary electricity generators, antibiotics and analgesics. The convoys transporting the humanitarian aid will be exempt from tolls.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
An orange code warning for dangerous precipitation has been issued for seven districts in Central Bulgaria. From midnight on Wednesday, precipitation and..
Mostly Cloudy
Partly Cloudy
sunshine, cloud, rain and thunder