Gas prices are expected to rise on a one-off basis due to the halted supplies from Russia, but they will be offset by alternative supplies, according to European Commission's latest spring macroeconomic forecast for Bulgaria. Energy prices are expected to start falling after the summer.
The inflation rate prognosis for 2022 is 11.9%, while for 2023 it is 5%. The country's GDP growth for 2022 will plunge to 2.1 percent from 4.2% in 2021. Growth of 3.1 per cent is projected for 2023.
To soften the impact of high energy prices, employers will limit wage increases, freeze job openings and investment, trying to keep unemployment rate below 5 percent.
The National Assembly has approved the National Health Strategy 2030. The document sets out three main objectives: sustainable improvement of health and the living environment; ensuring health security and reducing inequalities; and efficient management..
The Sofia Court of Appeal has permanently remanded the former head of the National Customs Agency Petya Bankova and businessman Stefan Dimitrov in custody. The decision is not subject to appeal. National Customs Agency head Petya Bankova..
The Bulgarian Socialist Party will send the parliamentary report on the gas contract with the Turkish state-owned energy company Botas to the Anti-Corruption Commission, the Bulgarian and the European prosecutor's office, party leader Kornelia Ninova..
The MPs from the National Assembly Energy Committee have postponed by one year the full liberalization of the electricity marker. According to the..
On Wednesday, minimum temperatures in the country will be between 13 and 18°C, with 13°C in Sofia. Lower temperatures are expected in north-western..
President Rumen Radev did not say whether he would sign decrees for the replacement of two ministers – the Minister of Foreign Affairs and the Minister..
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