The annual inflation rate in Bulgaria rose in July for the 17th consecutive month, reaching 17.3% compared to 16.9% in the previous month, according to data by the National Statistical Institute. This has been the highest inflation rate since May 1998, when it was at the level of 18% and the country was emerging from a period of hyperinflation.
Price growth in the sphere of entertainment and culture in July compared to June was 7.4%, followed by the prices of water, electricity, gas and other fuels (5.2%). The price rise for passenger air transport reached 31.7%.
In 2022, 2.78% of the population in Bulgaria was experiencing water shortages (drought), mainly on a seasonal basis. The most affected districts are Lovech (24.9%), Targovishte (19.0%), Blagoevgrad (14.8%) and Pernik (12.9%), according to the National..
The Ministry of Finance has drafted a law on crypto-assets markets to regulate trading in this type of instruments, BNR’s Radio Sofia reports. The initiative comes in response to the European Markets in Crypto-Assets Regulation (MiCA) which comes..
In 2023, farming products and food accounted for 47% of Bulgaria’s total exports to China. With regard to these exports in 2022 and 2023, Bulgaria occupies first place among the countries of Central and Eastern Europe . This transpired during a..
As the snap election draws nearer, GERB leader Boyko Borissov called for shared responsibility with the other political forces. This took place at a..
23 August is a day of commemoration of the victims of the crimes committed by the national socialist, communist and other totalitarian regimes...
In 2023, farming products and food accounted for 47% of Bulgaria’s total exports to China. With regard to these exports in 2022 and 2023, Bulgaria..
Partly Cloudy
Clear