Gas prices are expected to rise on a one-off basis due to the halted supplies from Russia, but they will be offset by alternative supplies, according to European Commission's latest spring macroeconomic forecast for Bulgaria. Energy prices are expected to start falling after the summer.
The inflation rate prognosis for 2022 is 11.9%, while for 2023 it is 5%. The country's GDP growth for 2022 will plunge to 2.1 percent from 4.2% in 2021. Growth of 3.1 per cent is projected for 2023.
To soften the impact of high energy prices, employers will limit wage increases, freeze job openings and investment, trying to keep unemployment rate below 5 percent.
On Tuesday, the lowest temperatures will range from 10 °C to 15°C, around 11°C in Sofia. In the morning hours, there will be low clouds or reduced visibility in some lowland areas and around water bodies. It will be sunny during the day. There will..
Bulgarian Defence Minister Atanas Zapryanov met his Albanian counterpart Pirro Vengu in Tirana on Monday in his first official visit to Albania, the Albanian Defence Ministry said. The two ministers highlighted strong defence and security ties..
On September 15, 2025, the Ambassador of the Russian Federation to Sofia, Eleonora Mitrofanova, was summoned to the Ministry of Foreign Affairs of Bulgaria in connection with the deliberate violation of Polish airspace by Russian military drones on..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
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