“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 announced that the EU will invest nearly €37.5 million in the construction and modernisation of six parking areas with a total of 816 spaces for heavy goods vehicles. According to BNR correspondent in Brussels Angelina..
86.4% of Bulgarians support the protests by young doctors and medical specialists calling for higher pay , while only 7.3% disapprove. 5.8% were unaware of the issue, while a small percentage found it difficult to answer. These are the results of an..
A day before the third motion of no confidence in Prime Minister Rosen Zhelyazkov’s cabinet was due to be voted on, the Velichie party submitted a fourth motion. Today, the National Assembly debated the no-confidence vote proposed by..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
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