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.
''Jesus Christ’s victory over death, darkness and the all-consuming and destructive power of evil, is the culmination, the highest and most categorical expression of God's love for us and for the entire creation'', reads the Paschal message to..
The thirty chapels of Momchilovtsi are among the most visited tourist attractions in the Rhodope village during the Easter holidays. "Routes for pilgrimage tourism lead to the chapels that protect the village", says Mayor Siyka Surkova. In..
The weather conditions for mountain hiking are poor on Saturday, the Mountain Rescue Service said. It is raining on higher ground. There is fog and a snow cover of 5cm-10cm above 2,200 meters. According to the weather forecast of the..
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..
Children of different nationalities and their families will dye Easter eggs from 10.00 am to 14.00 pm in Canyon Park in Mladost residential district in..
The weather conditions for mountain hiking are poor on Saturday, the Mountain Rescue Service said. It is raining on higher ground. There is fog..
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