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.
On Wednesday in the morning hours when temperatures will be slightly below zero, there will be conditions for black ice to form. The lowest temperatures will be between minus 4 and 1°C; in Sofia it will be around minus 2°C. Before..
The new Minister of Foreign Affairs of Bulgaria, Georg Georgiev, has held his first telephone conversation with the High Representative of the European Union for Foreign Affairs and Security Policy Kaja Kallas. Georgiev pointed out..
The majority of Austrian companies that have invested in Bulgaria expect the economic climate in the country to remain stable (54%) or improve (13%) over the next 12 months. This was shown by the traditional "Survey among Austrian..
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,..
"I categorically want to put an end to all insinuations that Bulgaria is abandoning its goal of joining the Eurozone within the next year", said..
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