The rise in energy prices and the war in Ukraine are among the main culprits for the rising cost of living throughout Europe. But unlike western countries that take a number of measures to limit the impact of the crisis on consumers, inflation in..
The annual inflation rate in Bulgaria rose in July for the 17th consecutive month, reaching 17.3% compared to 16.9% in the previous month, according to data by the National Statistical Institute. This has been the highest inflation..
Inflation has outpaced wage growth in almost all sectors of the Bulgarian economy and consumer prices have risen by 10% year-on-year. These are part of the conclusions in an analysis by the Institute for Market Economy. Average..
Bulgaria's gross domestic product in 2021 has reached a record €68 billion, rising by 3.6% with inflation at 3.3%, BNR's Natalia Ganchovska reports, quoting the annual edition of the Bulgarian Chamber of Commerce and Industry "Bulgaria in..
"On behalf of our coalition government, I am handing the power over to you! Contrary to implications, there is no reason to expect an apocalypse in Bulgaria", former Premier Kiril Petkov said at a special ceremony at which he handed the power to the..
In June, the total Producer Price Index (PPI) in Bulgaria increased by 41.4% compared to the same month in 2021. In May, the index rose 38.2% year on year, data of the National Statistical Institute (NSI) indicate. Producer prices increased with 3.4%..
Road construction and maintenance companies are putting an end to their protests, the Chief Executive Officer at Branch Chamber "Roads" Stefan Chaikov said. For the third day in a row, the protesters gathered in front of the National Assembly..
Road maintenance companies are protesting for the second consecutive day because of overdue payments for already completed works. They are also demanding indexation of construction contracts to compensate for inflation. Protesters temporarily..
The cost of the fall of the Bulgarian government in the short-term amounts to BGN 900 million or almost EUR 460 million, says Latchezar Bogdanov, Chief Economist at the Institute for Market Economics. But if the political..
A Ukrainian Antonov An-12 cargo plane carrying dangeruos materials, mostly explosives, crashed on Saturday near the town of Kavala in Northern Greece. As a precaution because of the strong smell emanating from the crash site, a coordinating committee..
