Bulgarian economy has contracted in the second quarter of the year by a record 10% compared to the first three months of the year and also recorded the most dramatic decline on an annual basis by 8.5% since 1997.
Data from the National Statistical Institute are for the period of the strictest anti-epidemic quarantine measures aimed at limiting the spread of COVID-19. GDP decreased in the second quarter of 2020 by as much as 10% compared to the first three months, when it grew slightly by 0.3 percent. This has been the worst economic quarter for Bulgaria for a quarter of a century. For the second quarter, GDP reached over 14 billion euros or 2016 euros per capita.
The low level of the Danube River makes navigation in the Bulgarian section difficult. Two sandbars have formed, Ivelin Zanev, executive director of the Executive Agency for Exploration and Maintenance of the Danube River, told..
The Ministry of Transport has published for public discussion changes to the Regulation on Unmanned Aircraft Systems. The establishment of training centers for drone operators is planned, in which the requirements are almost the same..
The Consulate General of Bulgaria in Toronto has sent an invitation via Facebook to Bulgarians in Canada to participate in a solemn rose planting ceremony in the municipality of Niagara Falls. The planting ceremony is scheduled to..
A segment of a global money laundering network operating through financial fraud has been dismantled, the Sofia District Prosecutor's Office and the..
Sofia is hosting a trilateral meeting of the defence forces heads of Bulgaria, Romania and Turkey. The Ministry of Defence announced that, at the..
A total of eight new European bison (two males and six females) were brought in two stages in June to the area of the village of Zhenda in the Eastern..
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