Inflation will accelerate to 4.5% by the end of the year, the Ministry of Finance forecasts in its updated autumn assessment of the Bulgarian economy. The average annual price rise will be 2.4%. The main factor for inflation is the significant rise in the price of raw materials on world markets and especially those of energy and food.
This year, Bulgaria’s economy will grow by 4%, and next year it will accelerate to 4.6%, assuming that the implementation of the Recovery Plan begins, the ministry said.
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US President Donald Trump and French President Emmanuel Macron at the White House. “The institutions in..
Bulgaria is to take part in common procurement procedures in the sphere of defence at an EU level, under projects for the acquisition of IRIS-T air defence systems and CAESAR self-propelled howitzers. The Ministry of Defence applied for and..
Bulgaria has submitted a request for an extraordinary convergence report based on the understanding that the country meets the criteria for entering the Eurozone, Prime Minister Rosen Zhelyazkov said at the opening of a new production facility in..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
Sofia has taken over the presidency of the most prestigious local government forum in the Balkans – B40. The capital’s mayor Vasil Terziev accepted the..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
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