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 June 12, the 36th meeting of the joint multidisciplinary historical commission between Bulgaria and North Macedonia was held at the Ministry of Foreign Affairs in Skopje , BGNES reports. "The meeting is no different from the previous ones. The..
The Istanbul-Burgas ferry line was officially opened in Istanbul on June 12 , the Turkish DHA news agency reported. The start of the project was delayed due to the Covid-19 pandemic. The first trip was expected to take place in October 2024,..
Bulgaria's entry into the eurozone is approved by 46.5% of citizens and 66.3% of businesses , according to a survey by the Alfa Research agency. 46.8% of citizens and 33.6% of businesses disapprove . 6.7% of citizens cannot judge. In November..
Bulgarian mother Mika Koleva and her children were forced to leave Northern Ireland after her home in Ballymena, County Antrim, was attacked by..
Only 6% of Bulgarians lead a healthy lifestyle, according to a sociological survey conducted by the Research Center Trend, commissioned by the Health..
“We are witnessing an intensification of the Russian hybrid war against Bulgaria,” Assoc. Prof. Momchil Doychev, co-chairman of the Atlantic..
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