Bulgarian economy has contracted in the second quarter of the year by a record 10% compared to the first three months of the year and also recorded the most dramatic decline on an annual basis by 8.5% since 1997.
Data from the National Statistical Institute are for the period of the strictest anti-epidemic quarantine measures aimed at limiting the spread of COVID-19. GDP decreased in the second quarter of 2020 by as much as 10% compared to the first three months, when it grew slightly by 0.3 percent. This has been the worst economic quarter for Bulgaria for a quarter of a century. For the second quarter, GDP reached over 14 billion euros or 2016 euros per capita.
I proposed that the pensions update from July 1, 2024 be set at 11% and the Supervisory Board of the National Social Insurance Institute voted in favour of my proposal, caretaker Minister of Labor and Social Policy Ivaylo Ivanov said. He noted that..
Washington has called on Skopje to make continuous efforts and reforms to achieve progress in joining the EU. "We encourage the continuation of dialogue between North Macedonia and Bulgaria, which is rooted in a shared commitment to the country's..
Bulgaria and Vietnam will work to further deepen bilateral economic exchanges and mutual investments, President Rumen Radev and Vietnam's Minister of Industry and Trade Nguyen Hong Dien said. Nguyen Hong Dien is also chair on the Vietnamese side of..
The 16th edition of the Specialized Agricultural Exhibition BATA AGRO will be opened today in the presence of Bulgaria's Minister of Agriculture..
The rearmament of the Bulgarian Air Force with F-16 Block 70 aircraft will contribute to the introduction of new technologies at the Avionams Aircraft..
The number of visits by foreign nationals to Bulgaria increased by 16.0% in 2023 , with visits from Turkey and Romania contributing the most. T..
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