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.
If the third term went to ITN, the party would negotiate for a cabinet with all parliamentary forces. Toshko Yordanov, chairman of the parliamentary group of ITN and vice-chairman of the party, has told BNR. Commenting on the..
"Our goal is to have a completed motorway linking Sofia and Kulata in 2030," Stoyan Nikolov, a member of the Management Board of the Road Infrastructure Agency has told bTV. According to him, 12 complaints have been filed against the..
A government can be formed by the parties in the 50th National Assembly, excluding GERB-SDS and DPS, with the mandate of "Vazrazhdane", as that is a total of 125 votes, Kostadin Kostadinov, leader of "Vazrazhdane", has told BNR...
The 17 th edition of Sofia Pride is scheduled for today in Bulgaria’s capital city. The organizers describe it as “the biggest human rights event..
During the night the weather will be predominantly clear over most of the country. On Sunday, 23 June, the weather will be predominantly sunny..
No rise in prices in the hotel industry is to be expected until the end of the year, and wherever a price rise is planned, it will not exceed 10%...
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