Five major Bulgarian commercial banks are to go under the direct supervision of the European Central Bank as of October 1, 2020, BNR reports. This […]
Category: World
Bulgaria Is Highly Dependent On Lignite For Its Energy: Eurostat
Nine Member States in the European Union produce lignite, also called ‘brown coal’, for electricity and heat production, Eurostat data show. Germany is the main producer […]
Moderate Optimism About Bulgaria-Turkey Economic Relations Against Backdrop Of COVID-19 Crisis
The Covid-19 pandemic affected the entire world economy and millions of people lost their jobs. The crisis has led to contraction of consumption, cessation of […]
Greece And Turkey To Resolve Their Disputes In Istanbul
Athens and Ankara have agreed to start the 61st round of exploratory contacts to resolve their disputes in Istanbul, Greece’s Foreign Ministry said in a brief […]
Bulgaria: EU Funds Have Led To Increased Wages, Business Investments, GDP Rise By 7.7%
EU funds have led to an increase in wages by 8.2% for the period 2014 to mid-2020. For the same period, the country’s GDP grew by […]
Bulgaria: Residents Of 22 Town Halls And 2 Municipalities Elect A Mayor
Residents of 22 town halls and 2 municipalities elect a mayor. A partial local vote will be held in the 2 municipalities and 19 mayoralties, […]
Ryanair Reduces Its Flights By Additional 20 Percent In October
The low-cost carrier Ryanair reduced its flights by an additional 20 percent in October, the company announced. The redundancies are in addition to those already announced in August and […]
WHO: Tobacco Responsible For 20% Of Deaths From Coronary Heart Disease
Every year, 1.9 million people die from tobacco-induced heart disease, according to a new brief released today by the World Health Organization, World Heart Federation […]
Bulgarian Tourism Reports The Most Difficult Summer Season And Losses Of Nearly 80%
About 30% of those employed in the sector have lost their jobs “What we can say about the upcoming summer season is that it was […]
Nearly 70% Decrease in the Number of Foreigners Visiting Bulgaria in August
In August 2020, during the continuing epidemic situation in the country, the trips of Bulgarian citizens abroad were 470.9 thousand, or 37.7% below those registered […]