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 Saturday, minimum temperatures will range from 8 to 13°C , around 9°C in Sofia. It will be mostly cloudy with rain in many areas. There will be temporary breaks in cloud cover over southern regions. Overnight into Sunday, cloudiness will begin to..
Bulgaria has received its fourth air ambulance helicopter. “The new aircraft will be based at the Georgi Benkovski Air Force Academy hangar in Dolna Mitropolia. From there, it will serve a wide regional area and make a significant contribution to the..
The Bulgarian National Radio will host the 2025 Public Broadcasters International (PBI) Annual Conference . The prestigious forum will be held from 20 to 22 October for the first time in the Bulgarian capital Sofia. The theme of the PBI..
Russian spies and hard-left humanitarian groups are working with people smugglers to food Europe with illegal migrants, wrote '' The Times'' , quoting..
Russia’s Deputy Minister of Foreign Affairs Alexander Grushko stated that Moscow has not held talks regarding a possible overflight of President..
Suspicions of large-scale fraud with EU funds in a project to build a mussel farm in the Black Sea – southeast of Cape Emine in the..
Mostly Cloudy
Partly Cloudy
Clear