Inflation will peak in March and April, Bulgaria’s Minister of Finance Assen Vassilev forecasted in an interview for the BNT. In his words, inflation will not exceed 10% and will fluctuate between 5% and 8%.
He voiced hopes that the 2022 state budget will be adopted by the end of February. Minister Vassillev called the draft budget social, because of the measures taken in support of various spheres. The new budget projects a 4.8% GDP growth and a 4% budget deficit, including the Covid-19 measures. The medics working at the frontline against Covid-19 will continue to receive EUR 500 a month and the healthcare sector will receive an extra EUR 500 million.
The prehistoric complex "Provadiya-Solnitsata" - the oldest salt production and urban centre in Europe (5600 - 4350 BC) - is among the sites nominated for the European Heritage Label 2025. This year, the European Commission received a total of 21..
Bulgarian Ambassador to the United States Georgi Panayotov and Raycho Raychev, founder and CEO of the Bulgarian company EnduroSat , met with experts from the US House of Representatives Committee on Science, Space and Technology. This was announced..
An additional €100 million should be urgently earmarked for public sector pay rises, the Confederation of Independent Trade Unions of Bulgaria (CITUB) is demanding ahead of the second reading of the 2025 budget in the National Assembly next week. In..
EUR 87 million under the operational programme Transport Connectivity, earmarked for the Russe-Veliko Tarnovo motorway is being redirected to the Europe..
Bulgarian Ambassador to the United States Georgi Panayotov and Raycho Raychev, founder and CEO of the Bulgarian company EnduroSat , met with experts..
The Eurogroup encourages Bulgaria to adopt the euro, according to a letter by its President Paschal Donohoe to European Council President Antonio Costa...
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