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.
The group of Bulgarians accused in the UK of spying for Russia acted against Bulgarian journalist Hristo Grozev, who works for Bellingcat. This was stated by prosecutor Alison Morgan in the court in London. The group tried to use..
North Macedonia’s Foreign Minister Timčo Mucunski was heard in the European Parliament’s Foreign Affairs Committee. He said that some of his fondest memories are from Bulgaria, but accused Sofia of stalling Skopje’s..
A concert entitled “Volunteer’s Day” will bring together young talents dedicated to the causes of healthy living and volunteering on one stage in Sofia today. One of the goals of the event is to support the personal growth of young people and..
The financial effect of our country's accession to Schengen by land will amount to BGN 1.63 billion (EUR 833.4 million) per year, according to a study..
On Monday, the weather will continue cloudy in most parts of the country with rain, more significant in the southeastern regions. Light snow will fall..
"We demand the resignation of the management of the Bulgarian Food Safety Agency for failing to address the problems, specifically the case with the..
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