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.
European Council President Antonio Costa will be paying a three-day visit to Bulgaria 27-29 April. His schedule includes meetings with President Rumen Radev and with Prime Minister Rosen Zhelyazkov. He is also expected to visit production and..
During the night there will be rain in many parts. In Eastern Bulgaria and in the Northwest the rain will be temporarily intensive, and there will be thunder. Minimum temperatures 7° C. - 12° C., for Sofia around 8° C. On Sunday the weather..
After the end of Pope Francis’ funeral ceremony at the Vatican, which was attended by leaders from all over the world, Bulgarian PM Rosen Zhelyazkov noted that Pope Francis had preached peace, justice, equality and fraternity among people. “He..
European Council President Antonio Costa will be paying a three-day visit to Bulgaria 27-29 April. His schedule includes meetings with President Rumen..
The political formation “Yes, Bulgaria” which is part of the opposition coalition “Democratic Bulgaria” is calling a national conference to elect a new..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance..
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