The annual inflation rate in Bulgaria accelerated for the 12th consecutive month to 10% in February, from 9.1% in the previous month, data of the National Statistical Institute indicate. On a monthly basis, consumer prices increased with 1.4%, amid soaring prices of food and transport.
“We haven't ascertained any serious price distortions. As for the price of sunflower oil, more than 350 inspections were caried out in retail establishments within 3 or 4 days”, Dimitar Margaritov, Chairman of the Consumer Protection Commission, said for the BNR. In his view, there are no grounds for concern and called on Bulgarians to buy wisely.
The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..
The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant." This project will be..
For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..
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