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.
May 24 will be declared Bulgarian Heritage Day by the Mayor of Las Vegas, Shelley Berkley, Bulgaria's Consulate General in Los Angeles announced. The official meeting between the new mayor of the largest and most popular city in the state of Nevada..
On Saturday lows will be between 5 and 10°C, around 7°C in Sofia. Before noon it will be mostly sunny and calm. In the afternoon there will be isolated showers and thunderstorms. Maximum temperatures will be between 20 and 25°C, around 21°C in the..
Bulgarian President Rumen Radev has long been involved in the political life of the country, and now he wants to take on the role of opposition leader. This was stated by Finance Minister Temenuzhka Petkova in Targovishte. "After nearly four..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
A peaceful civic protest under the motto “Protecting our children – car procession and blocking traffic on Danube Bridge” will take place on Saturday...
In 2024, the poverty line in the country was €375 per month on average per person in a household. A total of 1,401,300 people, or 21.7% of the population,..
Thunderstorms 
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
Overcast, rain
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Occasional showers