In May, inflation in the European Union set a new record and reached 8.8 percent on an annual basis, Eurostat reported, quoted by BTA. In the Eurozone alone, inflation is 8.1 percent. As a result of the crisis in Ukraine, in 14 EU countries, annual inflation in May was higher than the European Union-wide average.
In terms of the rising cost of living, Bulgaria is in fifth place with 13.4% on an annual basis, after Estonia (20.1%), Lithuania (18.5%), Latvia (16.8%) and the Czech Republic (15,2%).
The data are according to the Harmonized Index of Consumer Prices (HICP).
In a statement on behalf of "We Continue the Change – Democratic Bulgaria", MP Martin Dimitrov stated that the ''first action of the new government is to sabotage Bulgaria's entry into the Eurozone''. "Bulgaria meets all the criteria for joining the..
"I categorically want to put an end to all insinuations that Bulgaria is abandoning its goal of joining the Eurozone within the next year", said Minister of Finance Temenuzhka Petkova. "There is a procedure for us to be heard in the Eurogroup in..
The Consulate General of Bulgaria in Los Angeles has issued recommendations due to two new fires that have broken out in the Los Angeles and Ventura counties in the United States. The Hughes fire has spread over more than 10,000 acres of land, while..
Personnel and military equipment will be transported through the territory of Bulgaria between January 24 and February 9. The Ministry of Defense..
In a statement on behalf of "We Continue the Change – Democratic Bulgaria", MP Martin Dimitrov stated that the ''first action of the new government is..
''Bulgaria has welcomed with great relief and joy the release of Bulgarian citizen Daniela Gilboa, who had been held captive by Hamas. This positive..
Mostly Cloudy
Partly Cloudy
Cloudy