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.
In response to the tragedy in North Macedonia, where more than 50 people lost their lives in a fire at a nightclub in the town of Kočani, Foreign Minister Georg Georgiev offered condolences and assistance to the families and relatives of the victims,..
A protest is taking place in Sofia to demand maximum sentences for a man and a woman who killed animals in a particularly cruel way. So far, nearly 60,000 people have signed an online petition calling for life sentences. The killings, which..
On Sunday, the minimum temperatures will be from 10 to 15°C. In Sofia, it will be around 12°C. A cold front will pass through the country. Cloudiness will be variable, often significant, and from west to east there will be short, temporarily intense..
A protest is taking place in Sofia to demand maximum sentences for a man and a woman who killed animals in a particularly cruel way. So far, nearly..
Bulgarian citizens and road hauliers should avoid traveling to Serbia on March 15 and 16 except in cases of extreme necessity , until the protest actions..
In response to the tragedy in North Macedonia, where more than 50 people lost their lives in a fire at a nightclub in the town of Kočani, Foreign..
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