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 European Commission has approved the transfer of EUR 90 million that remained unused by Bulgaria during the previous financial period under the Rural Development Program, said caretaker Minister of Agriculture, Georgi Tahov, who..
In a speech to the DPS party members, honorary chairman Ahmed Dogan attacked Delyan Peevski's faction without mentioning the name of the chairman of the parliamentary group of the movement. "I am ashamed of this boy's actions...
At a meeting in New York with the Assistant Secretary of State for European and Eurasian Affairs James O'Brien, Bulgarian caretaker Minister of Foreign Affairs Ivan Kondov raised the issue of Bulgaria's inclusion in the United States..
The weather in Bulgaria will be sunny on Tuesday. Cloudiness will increase from the west The minimum temperatures will be between 7 °C and 12°C, in..
On October 10, the European Commissioner for Internal Affairs Ylva Johansson and the Minister of Internal Affairs of Hungary will propose to the Council..
The European Commission has approved the transfer of EUR 90 million that remained unused by Bulgaria during the previous financial..
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