The Bulgarian consumers are expecting that prices will go up and their adjustments for purchase of properties or durable items are positive. They are also inclined to spend on home renovations and do not intend to save money, a survey of the National Statistical Institute shows. The total consumer confidence index saw 1.1% increase as compared to October 2017. The improvement is due to the optimism of the urban population. However, the expectations of the people living in the Bulgarian villages about the development of the economy and their financial status worsened, the survey further shows.
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
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