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.
If we delay and do not reorganize and modernize our arms industry, in 5-6 years it will be exotic for the European arms market. This is a major challenge", said Bulgaria’s Minister of Defense Atanas Zapryanov during the discussion “The Hague 2025:..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark Rutte. For the first time, the country has met the NATO target set in 2014, which requires each..
A discussion on the potential reintroduction of religious education in Bulgarian schools was held at the National Palace of Culture in Sofia. The discussion was organized by the Ministry of Education and Science. Religions will be studied from a..
Young Catholics from all over the country met at the Saint Francis of Assisi church in the village of Belozem, Rakovski municipality, to join, online,..
During the night there will be rain in many parts. In Eastern Bulgaria and in the Northwest the rain will be temporarily intensive, and there will be..
The Bulgarian delegation, led by Prime Minister Rosen Zhelyazkov has arrived in the Vatican where they will attend Pope Francis’ funeral services ...
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