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.
Monday will be mostly sunny . In some places in the lowlands and valleys in the morning hours there will be short-term fog. Mainly in the Rila-Rhodope region and around the Balkan Mountains there will be rain. Minimum temperatures will be between..
“Today, united by the power of our faith in the redemptive sacrifice of Jesus Christ, we celebrate together again and are inspired by His Resurrection. May it help us to do good deeds!” With these words, the Speaker of the National Assembly Natalia..
Exactly at midnight, the Patriarch of the Bulgarian Orthodox Church Daniil announced the Resurrection of Christ and greeted the Bulgarians with “Christ is Risen” from the St. Alexander Nevsky Cathedral in Sofia . The laity gathered in front of the church..
On his last Easter, Pope Francis appeared before the faithful wearing an omophorion that he received as a gift during his visit to Bulgaria in 2019...
The political situation should give us the opportunity to start working with our compatriots outside the country, who have Bulgarian self-identity and..
Tuesday will be mostly sunny. Over Western and Central Bulgaria cumulus and cumulonimbus clouds will develop and it may rain in places. Minimum..
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