Bulgaria’s President Rumen Radev handed the second government-forming mandate to GERB/SDS coalition. However, GERB/SDS immediately returned the mandate to President Radev. The country’s head of state announced that on July 15 he is to hold political..
The International Monetary Fund - IMF expects average inflation in Bulgaria in 2022 to reach 12.2%. This is what the opinion of the Executive Board of the fund is. It is based on data of the institution's mission to Sofia...
Inflation is beginning to slow down on a monthly basis, while year-on-year, a growth rate is still being registered, Deputy Prime Minister and Minister of Finance Assen Vassilev stated in an interview with Dnevnik . He warned that..
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,..
The annual inflation rate for May 2022 compared to May 2021 is 15.6%, National Statistical Institute data published today show. The monthly inflation rate – May compared to April 2022 – is 1.2%. The steepest monthly price rise is of..
According to the National Statistical Institute inflation in Bulgaria is 14.4%, but the market basket of consumer goods includes a number of optional goods that nobody consumes. In fact, if the consumer price index is taken into account, inflation..
"The resignation of the cabinet is the best amendment of the state budget" , the leader of GERB party Boyko Borissov said in the town of Veliko Tarnovo. Borissov and MPs from the Parliamentary group of GERB met with party members and supporters from..
"The political parties represented at Bulgaria’s National Assembly must find a way out of the current situation as soon as possible, because we need responsible and sustainable governance, the country’s head of state Rumen Radev said, commenting on..
Holidays on the Bulgarian Black sea this summer will cost much more, according to data from the Institute for Analysis and Assesment in Tourism, quoted by bTV network. While last year a one-week holiday for a family of four cost an average..
There is a danger of an inflationary spiral, Bulgarian National Bank's Deputy Governor Kalin Hristov warned at a parliamentary roundtable on Introducing the single European currency in Bulgaria. In 2021, we already had widespread inflation spreading..
