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.
There are some foreign employees from EU Member States working in hotels on the northern Black Sea coast, Dimitar Dimitrov, chairman of the structure of the Bulgarian Hotel and Restaurant Association in Dobrich, told BTA. Most..
The ruling coalition is preparing electricity price hike despite assurances that there would be no change for consumers, “We Continue the Change” (PP) say, BTA reports. The document highlights the assurances of the ruling..
The 75 elderly people found locked in facilities in the village of Yagoda near Stara Zagora have been placed in services with appropriate care for their condition and twenty people are already with their families thanks to the joint..
At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose..
"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the..
The Bulgarian National Radio Symphony Orchestra undertook effective protest action, as shown in videos of their June 6 concert at Bulgaria Hall, which..
Partly Cloudy
Clear