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.
The Bulgaria Parliament will hear today the Minister of Defense Atanas Zapryanov and the Minister of Foreign Affairs Georg Georgiev about a "questionnaire" prepared by the US on topics related to Bulgaria's readiness to participate in a special military..
On Thursday, the minimum temperatures in Bulgaria will be between minus 14 °C and minus 8°C. In Sofia, it will be around minus 12°C. The day will be sunny but frosty. The thermometer values in most places will be negative. Before noon, there will be..
With various events throughout the country Bulgarians are marking 152 years after the death of the Apostle of Bulgarian Freedom Vasil Levski. Today, at 6:00 p.m. a memorial ceremony in front of the monument to the Apostle of Freedom in Sofia takes..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
Sofia Airport has been officially renamed to Vasil Levski Airport at a solemn ceremony on February 19 . The ceremony was attended by Deputy Prime Minister..
BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This..
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