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.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
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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