The ruling coalition will announce a package of anti-crisis measures within 2 weeks, Bulgaria’s Deputy Premier and Minister of Finance Assen Vassilev said for the BNR. In his words, Bulgaria has provided nearly EUR 2 billion to help businesses cope with soaring energy prices. Compensation for gas consumers is lower, because Bulgaria imports natural gas. Bulgaria also needs to adopt measures aimed to help people cope with fuel prices, Minister Vassilev further said.
In Assen Vassilev’s words, it is not appropriate to change the governor of the Bulgarian National Bank in times of severe crises and financial instability. The country’s fiscal reserve amounts to more than EUR 4 billion, Deputy Premier Vassilev pointed out.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder