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.
After the end of Pope Francis’ funeral ceremony at the Vatican, which was attended by leaders from all over the world, Bulgarian PM Rosen Zhelyazkov noted that Pope Francis had preached peace, justice, equality and fraternity among people. “He..
Young Catholics from all over the country met at the Saint Francis of Assisi church in the village of Belozem, Rakovski municipality, to join, online, the journey of His Holiness Pope Francis to his celestial home. Some of the children who received..
The Bulgarian delegation, led by Prime Minister Rosen Zhelyazkov has arrived in the Vatican where they will attend Pope Francis’ funeral services . Funeral Mass for Pope Francis to be held in Sofia on 28 April Pope Francis appeared..
A peaceful civic protest under the motto “Protecting our children – car procession and blocking traffic on Danube Bridge” will take place on Saturday...
On Saturday lows will be between 5 and 10°C, around 7°C in Sofia. Before noon it will be mostly sunny and calm. In the afternoon there will be isolated..
Vice President Iliana Iotova is paying a visit to Grasse, France at the invitation of the town mayor Mayor Jerome Viaud and the local cultural..
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