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.
"There is no problem that the adoption of the budget will be slightly delayed, because the Public Finance Act has outlined what happens if the budget is not adopted", National Assembly Speaker Natalia Kiselova said in Kalofer. ''The Budget and..
On January 6, the feast of Epiphany, the traditional water blessing of the battle flags and holy flags of the Bulgarian Army will be celebrated in all garrisons of the country. The solemn ritual in Sofia will begin at 11:00 in front of the Monument to..
This year, as always, hundreds of brave men from the town of Kalofer and the whole country will embark on January 6 - Epiphany - in a men's dance in the icy waters of the Tundzha River . It is believed that anyone who enters the cold water of Epiphany..
Cadets from Vietnam are training at the Georgi Benkovski Air Force Academy in Dolna Mitropolia. This year they will study Bulgarian,..
On January 6, the feast of Epiphany, the traditional water blessing of the battle flags and holy flags of the Bulgarian Army will be celebrated in all..
On January 6, Epiphany, Bulgarians celebrate 177 years since the birth of poet and revolutionary Hristo Botev. On this occasion, the..
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