Bulgaria’s gross domestic product is to decrease by 4% in 2020 and then regain ground with 4.1% growth in 2021 the International Monetary Fund forecasts in its latest World Economic Outlook report presented on Tuesday.
IMF expects that inflation in Bulgaria will slow down from 2.5% in 2019 to 1.2% in 2020 and then increase to 1.7% in 2021.
Unemployment in Bulgaria is to increase from 4.2% in 2019 to 5.6% in 2020. In 2021, Bulgaria’s unemployment is expected to fall to 4.5%, IMF further forecasts.
Bulgaria has sufficient quantities of fuel and the 90-day reserves are secured at around 98%, Asen Asenov, Chairman of the State Reserve and Wartime Stocks State Agency, told bTV. The country has a gasoline reserve for 35 days and a diesel reserve..
Bulgaria’s President Rumen Radev has issued a decree appointing Deputy Minister of Foreign Affairs Maria Angelieva as Bulgaria’s Ambassador to Hungary. The decree was promulgated in State Gazette on Tuesday, reported BTA. Maria Angelieva graduated..
The new modular multi-purpose vessel of the Bulgarian Navy, ''Hrabri'' (Brave), was launched into Varna Lake from the pier of the MTG – Dolphin shipyard. Construction of the modular multi-purpose vessel began in 2022. It is the first of two..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
The Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along..
On Tuesday, minimum temperatures will range from 8 to 13°C , with Sofia seeing around 9°C. Rain is expected across the country, with heavier showers in..
Overcast, rain
Rain
Partly cloudy, chance of rain