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.
From his Facebook profile, the co-chairman of "We Continue the Change" Kiril Petkov announced that the PP-DB coalition will not negotiate with "Vazrazhdane" to form a cabinet. He defined as "media suggestions" the claims that such..
The Ukrainian Embassy in Bulgaria has called on officials and political forces to refrain from using the topic of the war for political purposes. The diplomatic mission emphasizes that Ukrainians pay the most terrible price every day..
If a referendum was held on whether to continue the country's membership in NATO, 59% of Bulgarians would answer affirmatively, according to a study by the Alliance. According to this indicator, Bulgaria ranks penultimate among..
ContourGlobal Maritsa East 3 TPP has announced that another 160 people from the coal-fired power plant will be laid off in the coming months after the..
Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest..
The major repair works on the Danube bridge near Ruse, which will begin on 10 July, will be carried out without stopping traffic and without closing the..
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