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.
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov said in an interview with bTV. Bulgaria will take out a loan of over EUR 3 billion for 9..
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 be reformed and supported by the necessary legislation. One such law is the Preschool and School..
Early on Saturday, temperatures will range from 11 to 20°C , with a minimum of 11°C in Sofia. There will be low cloud cover and reduced visibility in the lowlands and river valleys in the morning. The day will be mostly sunny with scattered clouds...
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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