Producer prices in Bulgaria increased sharply in July 2017 as a result of the increase in the producer prices of electricity, heat and gas, the Bulgarian National Statistical Institute reports. The total producer price index increased with 1.3% month on month and with 4.7% as compared to July last year. Experts comment that the increase of the producer prices would stimulate inflation in the coming months and is another clear sign that the Bulgarian economy has been steadily escaping from deflation and stagflation registered between October 2015 and November 2016.
"It is evident that the political crisis continues and its solution requires not only putting aside personal and party interests but also requires adequacy", President Rumen Radev said in Parliament after the MPS rejected the nomination of Rossen..
After a heated debate, Parliament rejected the proposed GERB-SDS cabinet with Rosen Zhelyazkov as Prime Minister. It was supported by 98 MPs, with 138 voting against and two abstaining. Zhelyazkov, representing the first political force in Parliament,..
Ukrainian optimism clashes with European scepticism ahead of the NATO summit, with divisions emerging over defence spending and how the war will end. These are the conclusions of a report based on a new survey by the European Council on Foreign..
The Balkans are attracting more and more medical tourists, with Turkiye being the undisputed leader, ranking among the top 10 most preferred countries..
Hungary’s Deputy Interior Minister Bence Retvari stated that the abolition of Bulgaria and Romania’s Schengen borders by land is very important to the..
The Movement for Rights and Freedoms (DPS) will immediately return the second government- forming mandate , DPS Co-chairman Delyan Peevski told..
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