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.
Today and tomorrow, the town of Apriltsi, located in the Balkan Mountains, is hosting the traditional Festival of Bacon and Mulled Rakia, which brings together thousands of tradition enthusiasts, reported BNR correspondent Plamen Hristov. Visitors..
On Saturday it will be mostly cloudy with occasional sunny spells in the Upper Thracian Lowlands. In eastern Bulgaria there will be light to moderate east-northeasterly winds. Minimum temperatures will be between minus 1° and 4°C, around minus 1° in..
The Commission on Protection of Competition has requested information from producers and retailers of fast-moving consumer goods to determine the pricing methods, delivery conditions and factors influencing price changes . The focus of the study is on..
Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices...
Bulgaria's Minister of Foreign Affairs, Georg Georgiev, participated in a working breakfast dedicated to addressing illegal migration and its..
Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting..
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