The Bulgarian economy will start growing after the crisis, but this will happen next year at the earliest. The worst consequence of the pandemic is deferred consumption. Because of it in 2020 the state budget did not receive more than 500 million euros, according to the Bulgarian Industrial Association. The mass vaccination against Covid-19 is expected to accelerate economic recovery.
Pre-crisis levels of Bulgarian GDP are expected to be reached in 2022, but the first signs of economic recovery in production are already visible, and the vaccine against Covid-19 gives optimism, chairman of the Bulgarian Industrial Association Radosvet Radev said.
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...
A few hours before being sworn in for the second time as President of the United States, Donald Trump shocked the international community with the news that he was launching his own cryptocurrency, called $TRUMP. A precedent that provoked many questions..
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