Inflation will peak in March and April, Bulgaria’s Minister of Finance Assen Vassilev forecasted in an interview for the BNT. In his words, inflation will not exceed 10% and will fluctuate between 5% and 8%.
He voiced hopes that the 2022 state budget will be adopted by the end of February. Minister Vassillev called the draft budget social, because of the measures taken in support of various spheres. The new budget projects a 4.8% GDP growth and a 4% budget deficit, including the Covid-19 measures. The medics working at the frontline against Covid-19 will continue to receive EUR 500 a month and the healthcare sector will receive an extra EUR 500 million.
The war in Ukraine has no military solution and diplomacy should prevail, said President Rumen Radev, who hosted the traditional annual reception for the heads of diplomatic missions accredited in Bulgaria. At the event, held at the National History..
On this day in 1905, 15 enthusiasts, university students, climbed the highest peak in Mount Vitosha near Sofia, in winter for the first time – Cherni Vrah peak (2,290 m.) The young people started out at noon on 30 January, 1905 from the..
The popular spa treatment resort Pavel Banya is hosting the second international conference of vertebrology. This year, the forum, taking place 31 January-2 February, will focus on “Degenerative diseases of the spine - principles of diagnostics..
Seven years after buying the Denny ice cream factory in Veliko Tarnovo, London-based multinational Unilever is closing the plant. The company did not give..
Bulgaria’s Minister of Defense Atanas Zapryanov is leaving on a three-day visit to the United States, the Ministry of Defense said. Minister Zapryanov..
''A Bulgarian ship was detained on suspicion of damaging a telecommunications cable under the Baltic Sea between the Latvian city of Ventspils and the..
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