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Covid-19 in Bulgaria: Day 385

Dr. Ivan Madzharov: We are yet to feel the effect of the temporary opening of restaurants "We are yet to feel the effect of the temporary opening of restaurants", said for bTV Dr. Ivan Madzharov, Chairman of the Bulgarian Medical Association...

27.03.21 17:31 |

Bulgaria’s economy may recover partially in 2021

Covid-19 has been the most frequently used word in the past year. Meanwhile, Bulgaria’s cabinet has allocated substantial amount of money to support the sectors impacted by the coronavirus pandemic. Now, it is time to take stock of this..

12.03.21 12:06 |

European Commission: National recovery plan means investment and reform

"When we talk about national recovery and sustainability plans, we are talking about investments and reforms, qualitative changes in the economy that will bring sustainability and a more globally competitive European and Bulgarian economy. " This was..

01.12.20 18:18 |

S&P affirms Bulgaria's BBB rating with a stable outlook

The international rating agency Standard & Poor's Global Ratings has confirmed the long-term and short-term credit rating of Bulgaria in foreign and local currency 'BBB/A-2'. This was announced by the Bulgarian Ministry of Finance.  The..

28.11.20 10:54 |

EC approves redirection of 511m euros to help the Bulgarian economy

Bulgaria is one of the first EU M ember Sstates to respond to the economic threat and support its businesses and citizens at the backdrop of the pandemic. This is what Prime Minister Boyko Borissov wrote on his Facebook..

26.11.20 14:33 |

By 2030, Bulgaria will receive over 25 billion euros from the EU

The 6 billion euros under the Recovery Plan are just one of the European instruments for the recovery of the Bulgarian economy after the coronavirus pandemic, Bulgaria's Deputy Prime Minister Tomislav Donchev told bTV. The amount that will be..

02.11.20 18:55 |

EU funds for recovery from Covid-19 crisis to be reported every 2 weeks

Bulgaria's Economy Minister Lachezar Borissov has presented new measures to support businesses. The first package is fully funded by the budget with 594 m euros. The second package for 920 m euros will be implemented directly by the ministry. Another 200 m..

28.07.20 18:30 |

Bulgarian economy expected to recover at end-2021

If there is no second wave of Covid-19, the crisis for the Bulgarian economy will be averagely deep, lasting from 2 to 3 quarters . The annual decline will be from 5 to 7%. The recovery will continue throughout 2021, at the end of which pre-crisis..

27.07.20 17:42 |
IMF head Kristalina Georgieva

IMF head Kristalina Georgieva calls for lasting recovery after the pandemic crisis

At a conference of the International Labour Organization, Kristalina Georgieva, director of the International Monetary Fund (IMF), called today on politicians to focus on a low-carbon, lasting recovery that would create millions of jobs. According to..

08.07.20 14:46 |

EU maintains Covid-19 economic forecast for Bulgaria

Bulgaria's GDP in 2020 will shrink by 7.1%, and in 2021 will return to a growth of 5.3 percent, according to the summer economic forecast of the European Commission . In May, Brussels forecast a decline in the Bulgarian economy of 7.2% for 2020 and..

07.07.20 14:05 |
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