With 13 votes in favor, 6 against and one abstention, the Parliamentary Budget Committee adopted at first reading the Budget 2020 update, which is designed to absorb the shock to the economy caused by Covid-19. The bill envisages raising the limit for new debt from 1.1 billion euros to over 5 billion euros.
GDP is expected to decline by 3% this year. According to government estimates, unemployment rate is expected to rise by about 2% in comparison to 2019 to the level of 6.2%. Export of goods and services will fall by more than 16% overall, with export of services that includes tourism and transport dropping nearly 26%.
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took place during the 14 th Annual Forum of the EU Strategy for the Danube Region (EUSDR) held in..
“The storm has mostly passed, but there are still risks”, Deputy Premier Tomislav Donchev told bTV regarding Lukoil . ''The first priority is to avoid a crisis with fuel supplies and fuel prices in the country. Secondly, the refinery must continue..
On Saturday, the lowest temperatures will be between 0 and 5°C; in Sofia - it will be around 0°C. During the day it will be mostly sunny. In the Danube Plain it will be foggy. Until noon it will also be foggy along the river..
“The storm has mostly passed, but there are still risks”, Deputy Premier Tomislav Donchev told bTV regarding Lukoil . ''The first priority is to..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
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