If there is no second wave of Covid-19, the crisis for the Bulgarian economy will be averagely deep, lasting from 2 to 3 quarters. The annual decline will be from 5 to 7%. The recovery will continue throughout 2021, at the end of which pre-crisis levels will be reached. Real growth will begin in 2022, suggests the Annual Report on Economic Development and Policies of Bulgaria from the Institute for Economic Research at the Bulgarian Academy of Sciences.
On Thursday the weather will be sunny. There will be light wind in the Danube Plain and Eastern Bulgaria to a moderate wind from the eastern quarter. Daytime highs will be between 28°C and 33°C , in Sofia – around 29°C. Along the..
Bulgarian President Rumen Radev was present at the opening of a new high-tech plant of the German concern Rheinmetall at the invitation of the company's CEO Armin Papperger. The plant, located in Unterlüß, Lower Saxony, will produce 155-millimeter..
The government has decided to increase the capital of the Bulgarian Development Bank by 4 billion levs (over 2 billion euros). The money will be invested in new industrial zones, in the construction of new water supply networks, as well as in the..
As of January 1, 2026, the minimum monthly wage will be set at 1,213 BGN (EUR 620.20). This represents a 12.6% increase, or 136 BGN (EUR 64.4) more than..
The epizootic situation in Plovdiv District remains complicated due to the ongoing outbreak of sheep and goat pox. In an effort to contain and prevent..
On Wednesday it will be sunny. There will be scattered high clouds over the western and northern regions of the country. There will..
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