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.
Hundreds of citizens protested last night in central Sofia and other major cities, expressing support for rule of law and free and fair elections. The protest was mottoed ''Who Blocked the Constitution''. ''In a criminal symbiosis, the state-owned..
Staff shortages are worsening as more hotels and restaurants open in coastal resorts and staff demand better conditions and pay, according to Pavlin Kossev, chairman of the Varna branch of the Bulgarian Hotel and Restaurant Association. This is..
On Thursday, after the expected overnight precipitation in the morning, the minimum temperatures will be 10 to 15°C. In Sofia it will be around 11°. Clouds will be more frequent during the day. In some places, especially in southwestern Bulgaria and 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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