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.
For the third year running, the number of young doctors who want to remain in Bulgaria after graduation has been going up, indicate the results of a survey conducted among 224 Bulgarian students who graduated the Sofia Medical University’s medical..
GERB leader Boyko Borissov told reporters that he supports the position of US President Donald Trump for peace in Ukraine, but that he insists on Bulgaria remaining loyal to its European partners. The policy of the new US administration may pose..
The second medical service helicopter purchased by Bulgaria has undergone flight tests in the presence of a Bulgarian commission visiting the base of the manufacturer Leonardo S.p.A . in Vergiate, Italy. The team is to carry out the so-called..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This..
With various events throughout the country Bulgarians are marking 152 years after the death of the Apostle of Bulgarian Freedom Vasil Levski. Today, at..
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