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.
24 parties and 9 coalitions have registered for participation in the early parliamentary elections on October 27, the deputy chairman and spokesperson of the CEC, Rositsa Mateva announced. It became clear that the " Ima Smisal”..
Ekaterina Zaharieva, nominated by the GERB-SDS for European Commissioner from Bulgaria, received the portfolio of European Commissioner for Startups, Research and Innovation from President of the European Commission, Ursula von der..
''Today, we celebrate the holiday of our capital – a city with a history filled with significant moments, a city that has always been at the heart of Bulgaria. Sofia is not just a geographic location; it is a symbol of spirituality, culture and..
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader,..
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September..
Bulgarian Minister of Defense Atanas Zapryanov takes part in the B9 Defence Ministers Meeting, chaired by Romania and Poland. The forum..
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