“Bulgaria was affected by coronavirus most during the second quarter when a 8.5% drop in the GDP was registered, but we quickly managed to make up for that,” said Minister of Economy Lachezar Borisov in an interview for BNT.
In his words during that second quarter Bulgaria performed very well compared to the EU member countries. “We are among the one-quarter of countries with the smallest decline. Compared to the European average we are doing better by about 5-6%,” Minister Borisov commented and pointed out that the government measures are already having an effect. He described the 2021 state budget as rational, as it touches each one of the factors of economic growth.
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross hourly wage in the country. Bulgaria had the highest share of low-wage earners (26.84%). This..
The European Commission hopes to have a positive decision this year on at least part of the second payment under the Recovery and Resilience Plan in the amount of 653 million euros for Bulgaria . This was stated by the Commission spokesman Maciej..
There will be no recount of ballots from the recent parliamentary elections in October 2024. The Central Election Commission (CEC) met today after the Constitutional Court yesterday ordered a recount of the parliamentary election results due to numerous..
A serious restrictive and even repressive attitude among Bulgarian society on the current issues of school education and upbringing is shown by an..
Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S...
Friday will be mostly cloudy. Fog will cover the lowlands before midday. It will rain in some places, especially in southern Bulgaria. Minimum..
Scattered showers
Cloudy