The Bulgarian economy marked a 4.3% growth rate during the third quarter compared to the second quarter, when a record decline of 10.1% was registered, National Statistical Institute data indicate.
Compared to the third quarter of 2019, the GDP continues to shrink by 5.2% year over year. Due to the strict quarantine during the second quarter the annual decline reached 8.6%, the worst economic downturn in the country since the beginning of 1997.
Final consumption registered a positive economic growth rate of 9.3% in the third quarter of 2020 compared to a year earlier. The external balance is positive, National Statistical Institute figures show.
Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..
“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..
The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before..
The annual planned maintenance of Kozloduy NPP Unit 6 starts today and is expected to last until early December, the nuclear power plant has announced...
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