The global economy may be in store for a more severe recession than in 2009, the managing director of the International Monetary Fund, Bulgaria's Kristalina Georgieva, stated. According to forecasts of the IMF, recovery of the world economy is expected in 2021, but only if countries are able to control the spread of the coronavirus and limit economic damage. The main concern is the risk of a wave of bankruptcies and redundancies, which can undermine economic recovery and disrupt the fabric of our societies, Kristalina Georgieva said.
So far, 81 countries have asked the IMF for assistance over the COVID-19 crisis. Georgieva stressed that the organization is ready to provide all of its $ 1 trillion credit resources to countries affected by the virus pandemic.
The "Spartan" aircraft of the Bulgarian Air Force has left for North Macedonia on the orders of Prime Minister Rosen Zhelyazkov, the government's press service announced. It will transport five seriously injured victims of the fire at a nightclub in the..
The Bulgarian Ministry of Health has organised medical assistance for those injured in the nightclub fire in northern Macedonia. The tragedy, which occurred overnight in the town of Kočani, claimed the lives of more than 50 people and left more than 100..
In response to the tragedy in North Macedonia, where more than 50 people lost their lives in a fire at a nightclub in the town of Kočani, Foreign Minister Georg Georgiev offered condolences and assistance to the families and relatives of the victims,..
A protest is taking place in Sofia to demand maximum sentences for a man and a woman who killed animals in a particularly cruel way. So far, nearly..
In response to the tragedy in North Macedonia, where more than 50 people lost their lives in a fire at a nightclub in the town of Kočani, Foreign..
Overnight, clouds over the north and east will bring brief showers. There will be light to moderate westerly winds which will increase in strength on..
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