“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.
Bulgaria appreciates Oman's important role in de-escalating tensions and achieving stability and lasting peace in the region. This is according to Head of State Rumen Radev. He awarded the Presidential Medal of Honour to the visiting Omani Foreign..
In recent weeks, the low level of the Danube has not impacted the normal operation of Bulgaria's sole nuclear power plant, Kozloduy, which comprises two units. This information was announced in a press release by the plant. On 4 July 2025, the..
One person was arrested by the police for hooliganism during the protest in defence of the Bulgarian lev organized by the "Vazrazhdane" party, held in Sofia this afternoon, the police reported. Another protester was taken away by the..
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..
Bulgaria appreciates highly Qatar's consistent efforts to end hostilities in the Middle East and the subsequent finding of a sustainable peaceful..
Partly Cloudy
Clear
Partly cloudy, chance of rain