Bulgaria’s economy has been slowly recovering thanks to an 11.3% rise in exports. Bulgarian economy grew in the fourth quarter of 2020 by 2.1% compared to the third quarter, when it rose by 3.9%, according to an express assessment of the National Statistical Institute - NSI. Compared to the fourth quarter of 2019, however, GDP shrank by 3.8%. Final consumption has the largest share in GDP again - 80.4%.
The average income per household member in the fourth quarter of 2020 was 924 euros and increased by 2 percent compared to the same quarter of 2019, the NSI has reported. Expenditure during the same period was 861 euros, which is a rise of 0.7 percent.
On Wednesday it will be mostly sunny with temporary increases in cloudiness. In some places in the mountainous and eastern regions, light rain can be expected. The highest temperatures will vary between 26° and 31°C; in Sofia –..
More and more young people in Bulgaria are succumbing to the easy access to quick loans, driven by the lack of financial experience, the desire for instant gratification and the influence of social networks. This was commented on by private bailiff..
The Food Safety Agency of Azerbaijan has imposed temporary restrictions on the import of certain goods from some regions of Bulgaria and Croatia due to ruminant diseases in both countries, BTA reported, citing local media. The restrictions are..
After the update of pensions under the so-called Swiss rule from July 1 by 8.6%, the average monthly pension of a Bulgarian pensioner for July exceeded..
On Tuesday, the air masses over the country will remain unstable. Cloudy skies are expected, there will also be short-term rain showers accompanied by..
Bulgaria's Road Infrastructure Agency has warned that toll cameras now also detect the wearing of seat belts. The new function has been active since..
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