Gas prices are expected to rise on a one-off basis due to the halted supplies from Russia, but they will be offset by alternative supplies, according to European Commission's latest spring macroeconomic forecast for Bulgaria. Energy prices are expected to start falling after the summer.
The inflation rate prognosis for 2022 is 11.9%, while for 2023 it is 5%. The country's GDP growth for 2022 will plunge to 2.1 percent from 4.2% in 2021. Growth of 3.1 per cent is projected for 2023.
To soften the impact of high energy prices, employers will limit wage increases, freeze job openings and investment, trying to keep unemployment rate below 5 percent.
On Monday there will be snow showers or a mix of rain and snow in many places. The precipitation will decrease and stop, and the clouds will clear in the evening. The minimum temperature will be minus 3°C, around minus 1°C in Sofia, and the maximum will..
After a fire destroyed the roof of the historic National High School of Applied Arts in Tryavna on Friday morning, students are taking a week-long emergency break. With the help of the fire brigade, civil protection teams and local businesses, the..
The large-scale inspection, carried out by the competent police structures of the National Police Directorate and the regional directorates of the Interior Ministry, will continue next week to get the full picture - where, what and how many are the..
Ways to improve the positions of the sides to the contract between Bulgaria’s Bulgargaz, Bulgartransgaz and Türkiye’s BOTAŞ will be discussed until..
A wave of outrage is sweeping over Bulgaria after a severe accident on the Telish-Radomirtsi road (Pleven region), in which 12-year old Siyana lost her..
Over the next 24 hours the weather in the country will be dynamic. After temporarily dispersing, after midnight the clouds will increase and the..
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