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.
At the moment, there is no direct threat to our country stemming from the sharp deterioration of the security environment in the Middle East, President Rumen Radev announced after the three-hour meeting of the Consultative Council on..
We must be prepared for the worst-case scenario because the situation is escalating after Iran’s direct attack against Israel, said caretaker Minister of Defence Atanas Zapryanov for public service TV BNT. “We have response steps which is the next..
10,335 tons of roses have been produced in Bulgaria in 2024, almost 1,000 tons more than last year, the Consultative Council on Oil Bearing Roses says. There are almost 3,000 rose producers registered in the country, and 53 rose oil distilleries..
Charges of trading in influence are to be brought against Dzheyhan Ibryamov after decisions were made to strip him of his immunity from prosecution..
If the general elections were to be held at the beginning of October, 6 parties and coalitions would enter the Bulgarian parliament, a Market Links..
What is the noise level of an airplane engine or a hand drill, a normal conversation, the movement of a car at a speed of 60 km/h, in a disco, at a..
Thunderstorms 
Partly cloudy, chance of rain
Rain
sunshine, cloud, rain and thunder
Overcast, rain