Gas prices are expected to rise on a one-off basis due to the halted supplies from Russia, but they will be offset by alternative supplies, according to European Commission's latest spring macroeconomic forecast for Bulgaria. Energy prices are expected to start falling after the summer.
The inflation rate prognosis for 2022 is 11.9%, while for 2023 it is 5%. The country's GDP growth for 2022 will plunge to 2.1 percent from 4.2% in 2021. Growth of 3.1 per cent is projected for 2023.
To soften the impact of high energy prices, employers will limit wage increases, freeze job openings and investment, trying to keep unemployment rate below 5 percent.
On Friday, lows will be between 10 and 15 degrees Celsius , 13°C in Sofia. Maximum temperatures will be between 26 and 31°C, 28° in the capital. During the day it will be sunny in central and eastern Bulgaria. In the west, there will be clouds and after..
The European Commission has formally warned Bulgaria, Estonia and Ireland to properly implement EU laws against racism and xenophobia, reports BNR correspondent Angelina Piskova. In its letter of formal notice, the European Commission says the three..
There is a further delay in the delivery of the next two air ambulances to Bulgaria, the Italian manufacturer has said in a letter to the Ministry of Health. In the letter, the contractor, Leonardo S.p.A., set new deadlines for the arrival of the..
At present, there is no information indicating a threat to the security of Bulgarian citizens. However, enhanced security measures have been taken in..
On Thursday , the minimum temperatures will be between 5 and 10°C, in Sofia 6°C. The day's highs will be from 23°C to 28°C , in the capital it will..
A all-out war in the Middle East would be the worst case scenario, stated by the Caretaker Minister of Defense Atanas Zapryanov to journalists in the..
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