The Bulgarian National Bank changed its projections about the inflation in 2019. Three months ago BNB forecasted that the annual inflation would reach 2.6%, but now it expects that there is 60% chance that annual inflation will fluctuate between 1.1% and 4%. The Bulgarian National Bank expects higher annual inflation, because of the increase of the international prices of food and fuels, the increase of prices of services in Bulgaria, higher labor costs and consumer demand. Inflation will accelerate slowly at the end of 2019 and will gradually slow down to 2.1% at the end of 2020, the macroeconomic analysis of BNB reads.
The Bulgarian-Romanian border is now monitored from the air. The start was made on the Romanian side in Giurgiu in the presence of the Bulgarian partners from the Border Police in Ruse. Chief Commissioner Viorel Kiran said that the area of the..
President Rumen Radev appointed Bulgarian National Audit Office Vice-President Goritsa Grancharova-Kozhareva as the next caretaker Premier. The constitution does not specify a deadline for the caretaker Prime Minister to present the cabinet lineup,..
At the end of July, Turkiye sent a diplomatic cable to Bulgaria requesting additional water quantities from the Maritsa River. There is no regulated runoff on the river. The situation in Bulgaria is also extremely worrying due to climate changes and..
The caretaker government has allowed the Bulgarian military to train Ukrainian soldiers on the territory of NATO member states. The reasoning states that..
Consumer confidence rose by 5.6 points in July, according to a survey by the National Institute of Statistics. According to consumers, the general..
Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the..
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