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.
It will be mostly sunny on Sunday. Clouds will form over the mountains in the afternoon hours with a chance of isolated showers. The weather will be calm in most parts of the country. There will be light northeasterly wind in Eastern Bulgaria. The..
''Jesus Christ’s victory over death, darkness and the all-consuming and destructive power of evil, is the culmination, the highest and most categorical expression of God's love for us and for the entire creation'', reads the Paschal message to..
The thirty chapels of Momchilovtsi are among the most visited tourist attractions in the Rhodope village during the Easter holidays. "Routes for pilgrimage tourism lead to the chapels that protect the village", says Mayor Siyka Surkova. In..
Bulgaria's Prime Minister Dimitar Glavchev will file a report with the National Security Agency and the prosecutor's office regarding the scandalous case..
A Latvian airline has started operating direct flights from Riga Airport to Sofia , TravelNews reported. The first flight took place on May 2,..
On May 2, 2024, the Governing Council of the European Central Bank adopted an opinion expressing a positive assessment of the draft Law on the..
Overcast, rain
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
Thunderstorms 
Occasional showers