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.
The National Assembly has ratified an international contract for the acquisition of ammunition for Stryker machines, reports BTA. The contract from the US government, worth a total of $64,880,655 excluding VAT, was approved by 125 votes to 51 against...
More than 150 firefighters continue the battle with the fire in the western part of the Slavyanka mountain. Several outbreaks were activated on Greek territory and managed to enter a juniper-laden forest on Bulgarian territory. Wide..
Consumer confidence rose by 5.6 points in July, according to a survey by the National Institute of Statistics. According to consumers, the general economic situation in Bulgaria has been improving over the past 12 months, and expectations for the next..
Bulgarian head of state Rumen Radev has met in the presidency with David Wright - commissioner of the US Nuclear Regulation Commission, who is on a..
Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the..
Consumer confidence rose by 5.6 points in July, according to a survey by the National Institute of Statistics. According to consumers, the general..
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