"We will probably see growth of around 4.5% by the end of 2021, but 90% of this growth is due to credits and inflation, which remained underestimated. The percentage of real GDP is low as it grew by just 0.6% in the 2 nd and the 3-rd trimester. We..
So far, there has been no reaction from the President and Prime Minister to the calls of employers' organizations for convening the National Security Council over electricity prices. Vasil Velev from the Bulgarian Industrial Capital..
Inflation, not the coronavirus epidemic, will be the bigger problem next year, Stoyan Panchev of the Expert Club for Economics and Politics predicted in an interview for the BNR. He clarified that high inflation will accompany us in the next five years...
Bulgaria’s Consumer Protection Commission is checking the planned rise in prices of telecom services under e xisting contracts . Two mobile operators are already sending messages to their clients that price s of their services are to..
In November 2021 the rise of prices of goods and services in this country in comparison to October was 1.4%. On an annual basis, the rise reaches 7.3 percent, the National Statistical Institute reported. This is a record for the past..
“In 2022 inflation in Bulgaria will be brought under control,” Dimitar Radev, Governor of the Bulgarian National Bank, BNB, stated for bTV. “Joining the Eurozone will push up incomes. It is no coincidence that the trade unions are among the..
Bulgaria’s debt limit has been set at 2.25 billion euro, 1.9 billion euro has so far been taken out, announced caretaker Minister of Finance Valeri Belchev during his participation in the discussion “The government talking, openly!” in the..
The S&P Global Ratings have confirmed Bulgaria's long-term credit rating of 'BBB/A-2', the Bulgarian Ministry of Finance reports. The medium-term economic consequences of the pandemic are manageable. Recovering domestic..
As of January 1, 2022, daytime fare of taxi services in Sofia will rise from 53 Eurocents per kilometer to 91 Eurocents per kilometer. Night fares are to increase from 60 Eurocents to EUR 1.09 per kilometer. The decision was adopted at today’s..
The autumn economic forecast of the European Commission and the medium-term macroeconomic three-year framework of the Bulgarian Ministry of Finance have been recently published. Brussels expects Bulgaria to mark a 3.8-percent GDP growth this..
