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.
The Istanbul-Burgas ferry line was officially opened in Istanbul on June 12 , the Turkish DHA news agency reported. The start of the project was delayed due to the Covid-19 pandemic. The first trip was expected to take place in October 2024,..
Bulgaria's entry into the eurozone is approved by 46.5% of citizens and 66.3% of businesses , according to a survey by the Alfa Research agency. 46.8% of citizens and 33.6% of businesses disapprove . 6.7% of citizens cannot judge. In November..
The Administrative Court in the Republic of North Macedonia has ruled in a second instance that Bulgarian MEP Andrey Kovatchev was lawfully not allowed into the country on May 6, 2023 , BGNES reported. The reasons are that he undermined “the..
Bulgarian citizens in the territory of the State of Israel are advised to remain calm, strictly adhere to the instructions of the Israeli Civil Defense ,..
According to a survey by sociological agency Sova Harris conducted in June, the government’s information campaign on the country’s entry into the..
25 Bulgarians who are staying in Israel for a short time have sought assistance from the embassy in Tel Aviv , Slavena Gergova, Bulgaria's ambassador to..
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