Annual average inflation of 11.9% is the government's forecast in the July 1 budget update. The draft is on the finance ministry's website and proposes the government's borrowing limit to be raised to €5bn.
The unfavorable prospects for the budget will severely hamper Bulgaria's accession to the Eurozone in 2024, according to the Annual Report on Economic Development in the country by the Economic Research Institute at the Bulgarian Academy of Sciences .
If the war in Ukraine continues, stagflation is a possible scenario for the Bulgarian economy in 2022 because higher energy prices make exports more expensive and uncompetitive as foreign markets shrink, the report says.
Bulgarians voted at 66 polling stations across Germany. Berlin has five, each of which is equipped with a voting machine. Election day is going smoothly. So far just over 800 people have voted, which compared to the 9 June elections is slightly more,..
Polling day in Reading, south-east England, is going smoothly. About 300 people are expected to vote. The town's only polling station uses only paper ballots. This is the second time the polling station has been moved to a new address, but it is not..
Election day was peaceful for Bulgarians in London, ending two hours later than at home. However, one of the largest Bulgarian communities in a European capital, the one in London, did not go to the polls today in the numbers that we remember from the..
The turnout reached 28.5% by 5 p.m., Gallup International Balkan reported. By 3:00 p.m., voter turnout in the..
Data from the parallel count, with 100% of the sample counted, by the polling agency Gallup International Balkan, partner of BNR in the coverage of the..
As of 4pm, the average turnout across the country was 26.25%, according to the Central Election Commission (CEC). This was announced at a briefing by..
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