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.
“Borders cannot be changed by force, and Ukraine’s long-term security must be guaranteed”, Bulgaria’s Premier Rossen Zhelyazkov said during a videoconference meeting of the “Coalition of the Willing”, led by French President Emmanuel Macron and UK..
Business forum on the topic "Bulgaria - China: cooperation in the automotive sector" is being held on November 26 in Sofia. Its organizers are the Bulgarian Chamber of Commerce and Industry and the Embassy of the People's Republic of..
The Bulgarian Industrial Capital Association has called for participation in a protest on November 26 against the budget for 2026, which is about to be adopted at second reading. "We call not only our members, but also all..
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