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 Ministry of Tourism has carried out nearly 200 checks in Bulgarian Black Sea resorts over the past month, Minister Miroslav Borshosh reported. An inspection is currently underway in Sunny Beach. “We want to put a stop to all types of illegal..
Twenty-two Bulgarian students who spent the last school year at high schools across the United States, from Texas to Vermont, have returned home . The exchange was organised by the YES Bulgaria programme. Over the past few months, the teenagers not..
Tighter controls on main roads, tougher penalties for violators and improved traffic management during the summer months — these were the measures ordered by Bulgaria’s Prime Minister Rosen Zhelyazkov at the start of the Cabinet meeting. In..
Sofia is hosting a trilateral meeting of the defence forces heads of Bulgaria, Romania and Turkey. The Ministry of Defence announced that, at the..
The Ministry of Transport has published for public discussion changes to the Regulation on Unmanned Aircraft Systems. The..
Security agencies in Bulgaria, DANS (State Agency for National Security) and GDBOP (General Directorate Combating Organized Crime), are carrying out an..
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