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.
Divers, who are members of the non-profit association "Friends of the Sea - Burgas" described and marked on a map the most interesting and visited underwater sites located on the seabed along the southern part of the Bulgarian Black Sea Coast. The..
A major restructuring of Bulgarian State Railways - Cargo (BDZ Cargo) is underway, including cost-cutting and a review of all freight tariffs, Transport and Communications Minister Grozdan Karadjov said on Monday at a meeting with trade unions in the..
The Plovdiv District Prosecutor's Office is overseeing the investigation into the death of 6-year-old Angel, who died after being given an anaesthetic for dental treatment at a dental clinic in Plovdiv. The investigation is aimed at establishing the..
Drivers travelling today and in the coming days should prepare their vehicles for winter conditions , the Road Infrastructure Agency has urged. The..
The large-scale inspection, carried out by the competent police structures of the National Police Directorate and the regional directorates of the..
On Monday there will be snow showers or a mix of rain and snow in many places. The precipitation will decrease and stop, and the clouds will clear in the..
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