A slight slowdown in inflation is expected in Bulgaria in the second quarter of the year. According to the Ministry of Finance's regular survey among financial intermediaries, different banks give mixed estimates on whether there would be a strong or slight increase in inflation, it would remain unchanged or there would be a slight decline.
These expectations coincide with the reported slowdown in inflation in the country, which began in the last quarter of the past year and continued in 2023. Experts predict a slowdown in economic growth and a rise in interest rates, especially in BGN and EUR. The trend will be observed in both loans and deposits, and banks expect a reduction in the rates for lending.
The regional governor of Plovdiv, Prof. Hristina Yancheva, announced a partial state of emergency in Hisarya and Kaloyanovo, BTA has reported. The measure was introduced because of the fires in the area of the villages of Pesnopoi and Mihiltsi near..
The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which..
Army personnel and two helicopters from the 24 th air base at Krumovo have joined the efforts to extinguish a big fire in Mount Sredna Gora close to Pesnopoy village, Kaloyanovo municipality and Mihiltsi village, Hisarya municipality. The..
The largest archaeological campaign ever conducted on Perperikon has begun, BTA reports. Prof. Nikolay Ovcharov, head of the research at..
After 17 MPs from the Movement for Rights and Freedoms, MRF, were expelled, among them the party’s other co-chair Dzevdet Chakarov, MRF MP Ahmed..
Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern..
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