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.
In July, it will become completely clear whether Bulgaria will join the eurozone on January 1, 2026. This was stated in an interview with the Bulgarian National Radio by Deputy Minister of Finance Metodi Metodiev. The two reports on the assessment..
Bulgaria does not impose additional conditions on the process and negotiations of the Republic of North Macedonia with the EU, said Vice President Iliana Iotova at the opening of the “EU meets the Balkans” forum in Sofia. The forum is atte nded..
We are relying on Bulgaria for our accession to the EU, Minister of European Affairs of Montenegro Maida Gorčević said in an interview with BGNES. Chinese investments are not a threat to European integration because the lessons of the past have..
The Ministry of the Interior announced in a briefing that it is taking all necessary measures to ensure a smooth flow of traffic during the upcoming..
The Executive Agency National Film Center (NFC) has launched a new digital platform Filmcenter.bg . The portal facilitates free access for international..
In an interview with public service TV BNT, Commissioner for Enlargement Marta Kos, who is on a working visit to Bulgaria, stated that Ukraine and the..
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