There is a danger of an inflationary spiral, Bulgarian National Bank's Deputy Governor Kalin Hristov warned at a parliamentary roundtable on Introducing the single European currency in Bulgaria. In 2021, we already had widespread inflation spreading to labour prices, Hristov said.
National Statistical Institute President Sergey Tsvetarski warned that Bulgaria does not meet the price stability convergence criterion for joining the Euro zone, under which the candidate's inflation rate cannot be higher than 1.5% above the rate of the three best-performing member states.
If we fail to contain this inflation shock that our economy is suffering, it will be critical for Bulgaria's eurozone accession, said Lyubomir Karimanski, chairman of the parliamentary committee on budget and finance.
On Saturday, northwesterly winds will bring cooler temperatures across the country. Cloudiness will be variable to significant, with showers and thunderstorms in the mountains and east. Lows will be between 12° and 20°C, 12° in Sofia. Highs will be..
Bulgarian Minister of Culture Nayden Todorov has met in Sofia with his counterpart from the Republic of North Macedonia, Zoran Ljutkov, the Ministry of Culture reported. The two ministers assessed highly the cooperation between the two countries in..
The new school year will begin on September 16 at the "Yordan Yovkov" Secondary School in the city of Kardzhali with a special dress code. Motifs of Bulgarian embroidery will be mandatory for the clothing of all teachers and students in the school..
Defence Minister Atanas Zapryanov has cancelled the air show at the Graf Ignatievo Air Base after an L-39 ZA military transport plane crashed, the..
The Supreme Administrative Court rejected the appeal of the coalition around Ahmed Dogan - "Democracy, Rights and Freedoms - DPS"..
At a Bulgarian-Chinese business forum in Sofia, President Rumen Radev pointed out the advantages of the business environment in..
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