The GDP of Bulgaria will shrink by 5.1 % in 2020, but will grow by 2% in 2021 and 3.7% in 2022, indicates the European Commission’s autumn economic forecast. In July Brussels predicted a bigger decline for the country (-7.1%), but also a higher growth rate for next year (+5.3%).
The Bulgarian economy has started to recover after the sharp decline during the second quarter, and is expected to continue to grow, according to the EC forecast. Domestic demand and exports will contribute to the growth. Unemployment is becoming stabilized after the initial steep rise, in part because of the state-funded measures for protecting jobs.
Citing data from the European Commission, Prime Minister Boyko Borissov wrote on his Facebook profile that "Bulgaria is the only country in the European Union whose deficit wоулд not exceed 3% of the country's GDP in 2020.
It will be sunny on Sunday with a temporary increase in cloudiness over the eastern parts of the country and the mountains in the afternoon . Daytime highs will range from 25°C and 30°C, for Sofia around 27°C. It will be mostly sunny over the..
Tsanko Tsankov became the first swimmer to cover a distance of over 100 kilometers in the Danube River. "Tsanko Tsankov did it! 108 kilometers and 250 meters in the Danube River – 18 hours, 12 minutes and 32 seconds! Non-stop swimming!..
"Bulgaria is everywhere where Bulgarian is spoken, where there are Bulgarian associations and Bulgarian schools that preserve and develop the Bulgarian language and culture'', Vice President Iliana Iotova told the Bulgarian community in Barcelona...
From today until September 15, Sofia's Vitosha boulevard and the park in front of the National Palace of Culture are transformed into a huge open-air..
It is 80 years, on 9 September, since the communist coup d'état which put an end to the Kingdom of Bulgaria. Talking about the communist past is..
Over a hundred participants in the voluntary teams of the Bulgarian Red Cross for disaster and crisis action, as well as representatives of the..
Thunderstorms 
Cloudy
Occasional showers
Overcast, rain
Rain