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.
Foreigners often want to pay in euros. The reason is that the goods already have a price in the European currency, the commercial establishments in Kyustendil say. Sellers have some difficulties explaining that this cannot be done..
Today, architecture students from the University of Architecture, Civil Engineering and Geodesy in Sofia are presenting new proposals for integrating the remains of the Roman Villa Rustica into the city's modern urban environment. Their aim,..
On Wednesday minimum temperatures will range between 3° C. and 8° C., for Sofia around 4° C. Visibility will be diminished in the morning in the valleys and lowlands. During the day the weather will be predominantly sunny with a temporary increase..
In September, Bulgaria was mentioned as a country connected with dangerous food 7 times, indicate data of the European Rapid Alert System for Food and..
The legal heirs of the people who lost their lives during the flooding in the region of Burgas at the beginning of October will receive 15,000 leva (EUR..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
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