In May 2020 industrial production in the EU increased with 11.4%, thus making up for some of the collapse registered in the previous two months caused by the Covid-19 pandemic. However, industrial production in Bulgaria in May continued to decline. It fell 0.1% as compared to April, data of Eurostat show. In March and April industrial production in Bulgaria shrank by a total of 16.7% due to the coronavirus pandemic. In May 2020 industrial production fell 16.1% as compared to May 2019. Bulgaria’s industry cannot overcome the crisis due to the ongoing crisis in exports which declined 21.4% in May 2020 as compared to May last year. Exports of fuels, machines and car parts are most affected by the Covid-19 crisis.
Prof. Kostadin Angelov has been elected as the first rotating chair of the Council for Joint Government Management. The first meeting was attended by Minister of Finance Temenuzhka Petkova and Deputy Prime Minister Tomislav Donchev as..
In 2024, democracies took advantage of political and technological changes by removing unsuccessful leaders, abandoning outdated ideas and embracing new and well-founded priorities, President Rumen Radev said during the 5 th edition of the Sofia..
NYC Bulgarian Professionals Network is organizing the first NYC Bulgarian Professionals Happy Hour for the year. The event will take place in New York. "I welcome the initiative... and I will gladly join again", announced Bulgarian diplomat..
Captain Lyubomir Chanev and chief mate Danail Veselinov returned to Bulgaria. They were held captive by Yemen's Houthis for 430 days. The Galaxy Leader..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that she is concerned about the current state of the country’s finances, which,..
President Rumen Radev held a phone conversation with the EU Special Representative for the Belgrade-Pristina Dialogue and other Western Balkan Regional..
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