“Inflation is approximately within average European norms. We are 2% over the EU average. We expect the peak to be reached in March-April, after which inflation will begin to calm down. That is when energy prices will also begin to go down and we shall approximate the European inflation average,” said Deputy Prime Minister and Minister of Finance Assen Vassilev in an interview for 24 Chasa newspaper. A significant part of the inflation in the country is imported because we are pegged to the euro, Minister Vassilev added.
In his words, the projects set down for building, within four years, new bridges over the River Danube, tunnels, motorways and other infrastructure projects are feasible and alongside the European funding, the country will be able to allocate around EUR 6 billion for them.
The European Commission has brought legal action against Bulgaria at the European Court of Justice (ECJ), arguing that the country has not fully transposed EU rules on the posting of drivers into national law and calling for financial penalties, BNR..
A study by the Institute of Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University “St. Kliment Ohridski” has been recognised as a leading paper at one of the world’s most prestigious events in artificial intelligence and..
Bulgaria’s Prime Minister Rosen Zhelyazkov called on ministers to focus on solutions rather than excuses, warning of targeted actions aimed at destabilising the political environment . Speaking at the start of a cabinet meeting, Zhelyazkov..
On Tuesday, Bulgaria will experience cloudy and rainy conditions , with prolonged and heavy rain expected in the eastern and northern regions. In the..
During the night in the Danubian Plain it will be rainy and in places the amounts will be significant. In the southeastern regions of..
The repeated floods on the Black Sea coast are the result of uncontrolled development, destroyed natural environment and institutional..
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