Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

IME: Bulgaria’s revenue falls by 3.6 billion euros because of Covid-19

Krasen Stanchev
Photo: BGNES

The Bulgarian economy will receive about 3.6 billion euros less in revenues, a forecast of the Institute for Market Economy and presented to BNR by analyst Krasen Stanchev, shows.

This figure is equal to the income and property of 100,000 households in Bulgaria, Mr. Stanchev illustrated the data. Closing the economy in March, which happened not only in Bulgaria, led to a very deep decline in economic activity. The fact that currently the number of people starting work is higher than that of people registering as unemployed is a seasonal factor, the analyst added. According to him, a second wave of unemployment was very likely to occur.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

One more group of Bulgarian citizens return from Lebanon

The first group of Bulgarian citizens evacuated from Lebanon with the help of Canada came home last night, the Bulgarian Foreign Ministry has announced. This took place in close coordination between the Foreign Ministry’s Situation Centre, the..

published on 10/5/24 9:25 AM

Warning of hazardous precipitation across Bulgaria

On Saturday, the lowest temperatures will be between 14 and 19°C; in Sofia - about 16°C. In the western regions, the highest temperature will be 19-20°C, while in the eastern regions of the country the temperature will reach up to..

published on 10/4/24 6:55 PM

EU's court lifts requirement for trucks to return to operational centre every two months

The Court of Justice of the EU has overturned part of European legislation requiring trucks for international transport to return every two months to the carrier's base. With its decision, the institution confirmed all other..

published on 10/4/24 4:31 PM