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 exhibition "Tales of Gold and Silver" of the National History Museum, prepared for the 100th anniversary of the State Cultural Institute "Cultural Center The Palace - Balchik" (formerly the summer residence of Queen Marie of..
"The most important thing for a caretaker prime minister is to ensure that fair and transparent elections are held and well-known political faces will not bring credibility to the process." This is what Speaker of Parliament Raya Nazaryan from GERB said..
After the parliamentary group of the ITN party returned the third mandate for forming a government unfulfilled, President Rumen Radev is continuing with the procedure of appointing a caretaker government and scheduling a seventh early parliamentary..
Bulgaria introduces mandatory disinfection of vehicles at all border crossings because of outbreaks of small ruminant plague in Northern..
Caretaker Prime Minister Dimitar Glavchev stated that he will accept a proposal to be caretaker PM again if President Rumen Radev assigns him this..
A new flare-up of the big wildfire on the Greek side of Slavyanka mountain has crossed the border into Bulgaria, extending the perimeter of the fire..
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