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.
The prosecutor’s office in Plovdiv is investigating the death of an English patient, who died at the University Hospital St. George a few days ago after being attacked by security guards . The hospital is conducting an internal inspection of the..
Through the years, Bulgaria has turned into a sought-after exporter of fish and fish products, as well as delicatessen caviar products. This was made clear during the visit by Deputy Minister of Agriculture and Food Deyan Stratev to a fish..
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%. However, hotel operators say they are not expecting any improvement in the business environment. This..
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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