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.
Days after the parasailing accident in Bulgaria's Black Sea resort of Nessebar, in which an eight-year-old child died, Prime Minister Rosen Zhelyazkov tasked ministers and agencies with making proposals for new regulatory framework of entertainment and..
Nearly twice as many laboratories and cultivation areas for the production and cultivation of narcotic substances were discovered within a month, BGNES reports. In July this year their number was 40, while in the previous month – 22...
High temperatures and low water levels have led to a mass fish die-off in trout farms, BNT reports. According to the Association of Fish Products Producers in Bulgaria, the problem affects farms across the country, as in some places..
"Nearly a quarter of Bulgaria's economy is in the grey sector – around 23-24%. On the other hand, there is not enough money for..
At night, in places in the central and eastern part of the country there will be short-term showers with thunderstorms. By morning the..
Bulgarian students won four medals at the International Olympiad on Astronomy and Astrophysics (IOAA), which was held in India, the..
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