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Bulgaria’s economy will contract by 5% in 2020: EBRD

Bulgaria’s economy will contract by 5% in 2020, the European Bank for Reconstruction and Development forecasts. In 2021, this country's economy may rebound quickly, but it all depends on easing the measures against the spread of Covid-19 and the dynamic of the situation regarding the coronavirus infection, the bank notes. According to this financial institution, services, retail trade and tourism are the most affected sectors by the crisis.




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Cool atmospheric front will pass through the country

On Wednesday, the minimum temperatures in Bulgaria will be from 11 to 16°C, in Sofia - 14°C . A cold atmospheric front will pass through the country, with cloudiness being more often significant. From the northwest to the southeast, it will rain in..

published on 9/16/25 7:35 PM

Bulgarian infrastructure to be modernized with the help of concessions

In addition to using EU funds, accelerating the development of key infrastructure projects can be achieved through concession mechanisms. This is a tool that the European Commission encourages. This was what Deputy Prime Minister and Minister of..

published on 9/16/25 6:33 PM

Sixth unit of Kozloduy NPP will also operate with US fuel

The sixth unit of the Kozloduy NPP will also start operating with American nuclear fuel next year. The first six Westinghouse cartridges will be placed in the reactor to determine their effect on electricity production. This became clear at a..

published on 9/16/25 6:18 PM