The global economy may be in store for a more severe recession than in 2009, the managing director of the International Monetary Fund, Bulgaria's Kristalina Georgieva, stated. According to forecasts of the IMF, recovery of the world economy is expected in 2021, but only if countries are able to control the spread of the coronavirus and limit economic damage. The main concern is the risk of a wave of bankruptcies and redundancies, which can undermine economic recovery and disrupt the fabric of our societies, Kristalina Georgieva said.
So far, 81 countries have asked the IMF for assistance over the COVID-19 crisis. Georgieva stressed that the organization is ready to provide all of its $ 1 trillion credit resources to countries affected by the virus pandemic.
Monday will be mostly sunny. There will be light winds from south-southeast. Minimum temperatures will be between 5°C and 10°C, around 6°C in Sofia, and maximum temperatures will be between 21°C and 26°C, in Sofia - 23°C. In the mountains it will be..
Unit 5 of the Kozloduy Nuclear Power Plant (NPP) has been temporarily shut down for its scheduled annual maintenance and refuelling, which is expected to last until mid-June this year, the plant's authorities have confirmed. As part of Kozloduy..
Thousands of people will gather tonight near the spring in the mountainous area of Dambala, just above Momchilgrad. They all believe that on this night the water flowing from the rocks will become healing and cure various diseases. The miracle takes..
It will be mostly sunny on Sunday. Clouds will form over the mountains in the afternoon hours with a chance of isolated showers. The weather will be..
Unit 5 of the Kozloduy Nuclear Power Plant (NPP) has been temporarily shut down for its scheduled annual maintenance and refuelling, which is expected to..
"I wish health, peace and love in every Bulgarian home! May the light and joy of the greatest Christian holiday fill our hearts and minds and strengthen..
+359 2 9336 661