Inflation will continue to rise until the end of the first half of the year, BNB has predicted in its economic review. The analysis is based on data from January and does not include the negative economic consequences of the war in Ukraine.
According to experts, one of the pro-inflationary factors is related to the moratorium on energy prices for household consumers, which expires at the end of March. In addition, the consumer basket is burdened by the rising prices of a number of food products, especially fruit and vegetables, as well as services. Rising inflation is expected to lead to tightening of monetary policy worldwide, which would affect Bulgarian government securities.
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
On Tuesday , the lowest temperatures will be between 3 and 8°C; in Sofia – about 4°C. During the day before noon cloudiness will be..
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