The global economy may be in store for a more severe recession than in 2009, the managing director of the International Monetary Fund, Bulgaria's Kristalina Georgieva, stated. According to forecasts of the IMF, recovery of the world economy is expected in 2021, but only if countries are able to control the spread of the coronavirus and limit economic damage. The main concern is the risk of a wave of bankruptcies and redundancies, which can undermine economic recovery and disrupt the fabric of our societies, Kristalina Georgieva said.
So far, 81 countries have asked the IMF for assistance over the COVID-19 crisis. Georgieva stressed that the organization is ready to provide all of its $ 1 trillion credit resources to countries affected by the virus pandemic.
On Thursday, the lowest temperatures will be between 8 and 13°C; in Sofia – about 8°C. During the day, there will be variable cloudiness, which will decrease to sunny weather over many regions. The wind will be moderate from the..
The vote on the fifth motion of no confidence against Prime Minister Rosen Zhelyazkov's government will take place on Thursday, September 18, at 4:45 PM, said the presiding chair of the parliamentary session, Nikoleta Kuzmanova following the end of..
Regarding a video published on YouTube, the management of VMZ-Sopot - the largest state-owned military enterprise in Bulgaria, say that the information presented does not correspond to the truth. The enterprise strongly objects to..
On Wednesday, the minimum temperatures in Bulgaria will be from 11 to 16°C, in Sofia - 14°C . A cold atmospheric front will pass through the country, with..
The sixth unit of the Kozloduy NPP will also start operating with American nuclear fuel next year. The first six Westinghouse cartridges will be placed..
Opera stars Sonya Yoncheva and Plácido Domingo will bring to Sofia a host of opera managers and 32 young opera singers from 17 countries across five..
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