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.
To date, Corridor No. 8 depends on the willingness and political will of North Macedonia. The agreement for the management of the joint facility—the cross-border railway tunnel—has been sent to Skopje, but has been awaiting their approval for three..
Eighth-grader Kaloyan Geshev from the 125th Secondary School Boyan Penev in Sofia won his 4th world title in mental calculation thanks to his speed, accuracy and incredible concentration. The 2025 Mental Calculations World Championships Final..
Bulgarian football legend Hristo Stoichkov will pay his first official visit to Moldova from 15 to 17 April, reports BTA. He arrives as an ambassador for FIFA's Football for Schools programme , which aims to develop youth sport. His programme..
The traditional Bulgarian banitsa has ranked third in the Best Cheese Dishes list by Taste Atlas . The Bulgarian Banitsa with Cheese earned 4.5..
Finance Minister Temenuzhka Petkova has announced that Bulgaria is ready to join the eurozone. She made the statement at a business breakfast hosted by..
The reactors intended for Bulgaria's unrealised second nuclear power plant project - Belene - will not be sold. This was announced to journalists by..
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