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Nikola Stoyanov

The Bulgarian government expects inflation to be tamed

According to the latest data, inflation is about 19% on an annual basis, Bulgaria's caretaker Minister of Economy Nikola Stoyanov announced to Nova TV. He does not expect a bigger increase in inflation until the end of the year. He believes that after..

19.09.22 14:11 |

Inflation reached 17.7% in August, Bulgarian government plans to take on new debt

The growth of inflation in August slowed down slightly, according to data of the National Statistical Institute. The rise of the cost of living compared to the same month of 2021 reached 17.7%. The increase compared to the previous..

14.09.22 12:18 |
Rumen Radev

President Rumen Radev: Congratulations to the cabinet for curbing inflation 

President Rumen Radev congratulated the caretaker cabinet for curbing inflation. He told journalists that since last night the price of petrol has been lower than 3 leva (1.5 euro) and this is the beginning of a process.  "The reduction of fuel and..

10.09.22 13:11 |

75% of Bulgarians have difficulty making ends meet 

Against the backdrop of record inflation, more than 75% of Bulgarians are struggling to make ends meet, according to a survey by the National Statistical Institute.  Rise of inflation continues to outpace income growth More than 70 per cent say..

08.09.22 19:31 |

Bulgaria's government and Lukoil take measuers to secure the fuel market

Representatives of Bulgaria's caretaker cabinet and of Lukoil have identified measures to secure the fuel market in view of the ongoing oil embargo which the EU imposed on Russia. This was announced by the president of the Russian company, Vadim..

08.09.22 16:08 |

The energy bill exceeds the minimum wage 

Bulgaria is among the 16 countries in the European Union where the monthly energy bill (for keeping the home warm and lit) exceeds the minimum wage, according to data from the European Trade Union Confederation (ETUC).  The organisation estimates that..

07.09.22 17:10 |

Another election campaign in Bulgaria

Bulgaria's centre-right GERB party widened its lead over its main rival, the reformist We Continue the Change (PP) a month ahead of the country's fourth parliamentary election in less than two years, an opinion poll showed on Thursday. But none of..

02.09.22 14:55 |

Record rise in cost prices in July

The t otal producer price index in industry has gone up in July by a record 42.5% compared to the same month of last year, and by 3.8% compared to June , National Statistical Institute data show. The prices of producing and generating gas,..

30.08.22 13:50 |

One in three Bulgarians have diffculties paying their utility bills

Almost one in three Bulgarians have diffculties pay ing  their bills, the BNT reports, quoting a survey of Eurofound, conducted in the spring of 2022 . According to the survey, people from the 27 Member States have difficulties paying their..

22.08.22 19:51 |

Rise of inflation continues to outpace income growth

Social inequalities and inflation are two of the leading problems in Bulgaria’s income policy. While inflation is a pan-European issue, provoked by external factors, such as the war in Ukraine, the price of energy carriers, etc., the wide gap between..

22.08.22 12:59 |
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