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.
In the morning hours on Sunday, short-term fog will form in isolated places in the plains and valleys . During the day, it will be mostly sunny. Around and after noon, cumulus and cumulus-rainy cloudiness will develop, and in places in the southeastern..
Future generations must know that there were periods when human rights and dignity were worthless. This was emphasized at the annual pilgrimage in memory of the victims of the totalitarian communist regime in the Belene concentration camp by the..
Bulgarian President Rumen Radev , who attended the National Assembly of Sheep Breeders at the Peter and Paul Monastery near Lyaskovets, greeted the protesters today in various cities of the country demanding a referendum on the euro and the..
Protests in defence of the Bulgarian lev and against the adoption of the euro currency are scheduled to take place on May 31 in many cities and towns..
“The attempts to attack me over the fact that I enacted the law on adoption of the Euro are a vapid manipulation because there are absolutely no dates..
Raising fines for traffic offences and an enhanced police presence – these are the measures announced by Interior Minister Daniel Mitov after the..
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