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.
On Saturday, cold air will bring temperatures down. It will be cloudy. There will be rainfalls and snowfalls in the northwestern regions. There will be rainfalls in the eastern regions of the country. The wind will be moderate to..
The Sofia Municipality and the Bulgarian Academy of Sciences will create a register of homeless people in Sofia. The initiative comes from the Institute of Population and Human Research of the Bulgarian Academy of Sciences, which is participating in a..
The co-chairman of the parliamentary group of “BSP-United Left”, Atanas Zafirov, expressed hope that this country would have a regular cabinet next week. “Today and tomorrow are important days, I hope that this knot will..
Bulgaria has made significant progress in meeting the criteria for inclusion in the U.S. Visa Waiver Program, caretaker Minister of Foreign..
The government's position is constant. The Bulgarian Orthodox Church (BOC) is one and indivisible, its unity is of particular importance..
Caretaker Minister of Defense Atanas Zapryanov took part in the 25th meeting of the Ukraine Defense Contact Group at the level of Ministers of Defence..
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