“We are not going to have double-digit inflation in the country,” Deputy Prime Minister and Minister of Finance Assen Bassilev stated in response to criticism during the discussion of the draft state budget in parliament.
Minister Vassilev said he expected prices to stop growing by April, but added that the inflation rate will depend on how the conflict in Ukraine will develop and what action the US will take. He stated further that more money can only be allocated to the police, firefighters and the people working in the sphere of culture if there are reforms.
The budgets of public service media – Bulgarian National TV, BNT, and Bulgarian National Radio, BNR, sparked a controversy in the National Assembly. The ruling coalition want 2 million Leva to be taken from BNT, 1 million of which to be handed over to the BNR for its orchestras and choirs. According to the parliamentary majority the financing demanded by the BNT is not justified.
The Bulgarian Ministry of Education and Science is organizing a national round table on 20 November on the topic “Are Restrictions Needed on Children’s Access to Social Networks?” The initiative is in cooperation with the parliamentary..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special administrator took control of its local assets. LUKOIL Neftohim special administrator removes board chair..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data , artificial intelligence, cybersecurity, and cloud services. This becomes possible after the..
The first quaternary wastewater treatment plant in Bulgaria was opened today in the village of Benkovski, Maritsa Municipality. “Today we are launching..
Bulgaria has officially become part of the European cultural route “The Wine Route” ( Iter Vitis ) . The certificate of membership was presented to..
Over the next 24 hours, cloudy and foggy conditions are expected across much of the western Danube and Upper Thracian plains. Rain is likely in western..
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