“Inflation is approximately within average European norms. We are 2% over the EU average. We expect the peak to be reached in March-April, after which inflation will begin to calm down. That is when energy prices will also begin to go down and we shall approximate the European inflation average,” said Deputy Prime Minister and Minister of Finance Assen Vassilev in an interview for 24 Chasa newspaper. A significant part of the inflation in the country is imported because we are pegged to the euro, Minister Vassilev added.
In his words, the projects set down for building, within four years, new bridges over the River Danube, tunnels, motorways and other infrastructure projects are feasible and alongside the European funding, the country will be able to allocate around EUR 6 billion for them.
At 8:00 a.m., public transport employees began blocking key junctions in the Bulgarian capital Sofia. They insist on an urgent update of the state budget due to the jump in prices. The protesters gathered at Lion's Bridge, Stochna Gara and Pette..
In the last 24 hours, 457 cases of coronavirus have been identified from the 8,130 tests performed , data of the National Coronavirus Information Portal shows. 5.6% of the tests came back positive. 61% of newly infected have not been vaccinated...
Ukrainian Deputy Defence Minister Hanna Malyar has expressed hope that the 264 fighters taken out of the Azovstal steel plant in Mariupol will be exchanged for Russian prisoners of war , the Associated Press reported. She made the assumption in light..
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Bulgaria and the Netherlands will work to establish a common fund for investments in new agriculture technologies, as the fund may become operational..
Germany, as Europe's leading industry, will need a lot of hydrogen in the future and Bulgaria could produce "green" hydrogen, Bulgaria’s..
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