Due to rising fuel prices, annual inflation in Bulgaria accelerated to 4.8% in September, the National Statistical Institute announced. This is the highest increase since February 2020.
The consumer price index rose by 0.4% compared to the previous month. In August the CPI saw a 3.7% increase. Gas prices increased by 12%, coal prices rose by 4.7%. Prices of firewood also increased by 4.7%.
Staple food prices are expected to rise by another 7% by the end of the year, the Chairman of the State Commission on Commodity Exchanges and Markets Vladimir Ivanov predicted.
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..
Financial and tax stability has been shaken in recent years so it is good that a government has been formed, said Vasil Velev, chairman of the Bulgarian Association of Industrial Capital, at a joint press conference of employers. "Romania was..
The Ukrainian parliament has authorized the purchase of two Russian nuclear reactors from Bulgaria, Euractiv reports. The energy committee of the Ukrainian parliament greenlighted the purchase of two old Russian nuclear reactors to expand the..
A concession award procedure for Plovdiv Airport is planned, Deputy Premier and Minister of Transport and Communications Grozdan Karadjov said at a..
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