Annual average inflation of 11.9% is the government's forecast in the July 1 budget update. The draft is on the finance ministry's website and proposes the government's borrowing limit to be raised to €5bn.
The unfavorable prospects for the budget will severely hamper Bulgaria's accession to the Eurozone in 2024, according to the Annual Report on Economic Development in the country by the Economic Research Institute at the Bulgarian Academy of Sciences .
If the war in Ukraine continues, stagflation is a possible scenario for the Bulgarian economy in 2022 because higher energy prices make exports more expensive and uncompetitive as foreign markets shrink, the report says.
Monday will be mostly sunny with scattered high clouds. The lowest temperatures will be between 0° and 5°C; in Sofia - about 1°C, and the highest will reach between 13° to 18°C; in Sofia - about 14°C. In the mountains it will..
On the first day of the 51st parliament, ITN will initiate the collection of signatures for submitting a complaint to the Constitutional Court concerning the partial cassation of the elections, party leader Slavi Trifonov announced on..
Vazrazhdane calls for a recount of the votes from the early parliamentary elections, party leader Kostadin Kostadinov has told BNR. "It will perhaps show that there are protocols that do not match with the contents of the bags with..
Slavi Trifonov, leader of There Is Such a People (ITN) declared he would sign the declaration of We Continue the Change/Democratic Bulgaria (PP/DB),..
The recordings from 65 cameras, which streamed the counting of the ballots on election night online, have gone missing, according to a report by the..
We Continue the Change/Democratic Bulgaria (PP/DB), which came second in the 27 October parliamentary election, sent the other political forces to be..
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