In 2020, the Bulgarian economy contracted by 4.6%. In 2021, it is set to rebound and grow by up to 3.6%, reads the conclusion of experts from the International Monetary Fund made within the traditional consultations.
IMF recommends that Bulgaria adopt flexible policies to mitigate the shock of the coronavirus pandemic, which led to an increase of this country’s budget deficit. Meanwhile, Bulgaria should monitor the situation regarding non-performing loans. IMF calls on Bulgaria to continue the fight against corruption and improve the business environment.
On Wednesday, minimum temperatures will range between minus 5° C. and zero, lower in the Northeastern parts of the country where they will drop down to minus 7° C., for Sofia around minus 1° C. During the day the weather will be predominantly cloudy..
The magazine of the Bulgarian news agency BTA called LIK dedicates its February issue to the Bulgarian National Radio. The magazine was presented today in the marble lobby of the BNR building. The BNR marked its 90 th anniversary on 25 January..
An analysis of the state and preparedness of the armed forces in 2024 was presented during the Chief of Defence Annual Conference in Sofia. In their statements at the event, both President Rumen Radev and Minister of Defence Atanas Zapryanov..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
Sofia has taken over the presidency of the most prestigious local government forum in the Balkans – B40. The capital’s mayor Vasil Terziev accepted the..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
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