In an interview for the Bulgarian National Radio the renowned Bulgarian economist Daniela Bobeva warned that the business would bear the impact of the measures against the coronavirus disease. The Bulgarian employers and workers, not the state, will save the economy, Professor Bobeva contends.
Daniela Bobeva forecasted that the national economy will mark a 5%-6% decline in the second trimester of 2020 and that external shocks will have a strong impact on the local economy. Imports and exports will decrease, but the share of Bulgarian products on the local market will increase. The small business must be a priority of the Bulgarian authorities, Professor Bobeva added.
After a heated debate, Parliament rejected the proposed GERB-SDS cabinet with Rosen Zhelyazkov as Prime Minister. It was supported by 98 MPs, with 138 voting against and two abstaining. Zhelyazkov, representing the first political force in Parliament,..
Ukrainian optimism clashes with European scepticism ahead of the NATO summit, with divisions emerging over defence spending and how the war will end. These are the conclusions of a report based on a new survey by the European Council on Foreign..
Under the program of the European Civil Protection Mechanism, 240 firefighters from 4 countries arrived in Greece to help their Greek colleagues, the Bulgarian Fire Protection Directorate has reported. Due to the high temperatures..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder