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 Friday minimum temperatures will range between 14° C., and 18° C., for Sofia 15° C. Tomorrow will be predominantly sunny with a more significant accumulation of clouds in the afternoon over Eastern Bulgaria where there will be occasional rain..
“We are witnessing an intensification of the Russian hybrid war against Bulgaria,” Assoc. Prof. Momchil Doychev, co-chairman of the Atlantic Council in Bulgaria said at a press conference, the Bulgarian news agency BTA reports. “This war is..
Data from the beginning of the year put Bulgaria among the top 10 EU countries in the increase in the number of tourists, said Minister of Tourism Miroslav Borshosh at the opening of the forum Erlebe Bulgarien in Sunny Beach near Varna on the..
Only 6% of Bulgarians lead a healthy lifestyle, according to a sociological survey conducted by the Research Center Trend, commissioned by the Health..
Bulgarian mother Mika Koleva and her children were forced to leave Northern Ireland after her home in Ballymena, County Antrim, was attacked by..
Bulgaria's Road Infrastructure Agency has announced that environmental activists have withdrawn their complaints and terminated the cases related to the..
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