The annual inflation rate has accelerated in March for the 13th consecutive month, reaching 12.4% as compared to 10% in February, reaching its highest level since 2008, National Statistical Institute data show. Within the space of just one month, consumer prices have gone up by 2.2%, transport costs by 7.9%, food and soft drinks by 3.3%, hotel and restaurant prices by 2.8%.
Finance Minister Assen Vassilev declared that all proposals for addressing the inflationary pressure will have been summarized within a fortnight, and the package of measures will be ready before the update of the budget in summer.
“The biggest inflationary pressure comes from the supply chain, food, and that is where a large part of the measures should be targeted. The other direction major pressure will probably come from are metals,” he commented.
The parliamentary group of ITN announced that today it is starting negotiations with the other political forces and independent MPs within the framework of the 50th National Assembly, after receiving the third and final exploratory mandate to form..
On Tuesday there will be sun and temperatures will be high in the Western part of the country. Over Eastern Bulgaria there will be clouds and, especially during the night and before noon, there will be brief but in some parts heavy rainfall and..
Bulgarian students have won five medals at the International Physics Olympiad in the city of Isfahan, Iran - one silver and four bronze. 198 participants from teams of 46 countries took part in the competition. 12th grader Bayan Gechev from the..
The efforts to put out the fire on the Greek Bulgarian border continue. Two aircraft sent by France under the EU civil protection mechanism will join..
On Tuesday there will be sun and temperatures will be high in the Western part of the country. Over Eastern Bulgaria there will be clouds and,..
An explosion has occurred at the Sviloza cellulose factory near Svishtov. Two employees from the factory fire service have been injured, Interior..
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