Inflation will continue to rise until the end of the first half of the year, BNB has predicted in its economic review. The analysis is based on data from January and does not include the negative economic consequences of the war in Ukraine.
According to experts, one of the pro-inflationary factors is related to the moratorium on energy prices for household consumers, which expires at the end of March. In addition, the consumer basket is burdened by the rising prices of a number of food products, especially fruit and vegetables, as well as services. Rising inflation is expected to lead to tightening of monetary policy worldwide, which would affect Bulgarian government securities.
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..
On Monday the weather in Bulgaria will be mostly sunny with scattered high clouds . Before noon around the Danube, in the valleys and western regions of the Upper Thracian Lowland there will be fog. There will be a weak, in Eastern Bulgaria to moderate..
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