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.
Saturday will get off to a sunny start in Eastern and in some isolated regions of Western Bulgaria. Over the rest of the country there will be considerable clouds. There will be rain over Central Bulgaria and over the Western half of the country...
The National Assembly unanimously adopted a decision on the Republic of North Macedonia's progress in the EU accession process . In line with the 2022 European Consensus, the MPs expect Skopje to develop and present a targeted action plan for protecting..
The Energy and Water Regulatory Commission has approved a price of BGN 64.32/MWh (EUR 32.88) for natural gas in June, excluding taxes and levies. Bulgargaz will sell natural gas to final suppliers and persons licensed for the production and transmission..
The construction of the Vertical Gas Corridor is a symbol of European partnership, technology transfer and the creation of cooperatives..
Despite the measures taken, at the end of 2024, 21.8% of the positions in the Bulgarian army remained unfilled, a report on the state of defence and..
The need for a direct air connection Sofia - Dushanbe, the specific steps for its implementation, as well as the expansion of exports..
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