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 the Day of National Awakeners, the Presidential Administration will open its doors to citizens. Today, at 10:30 a.m., a ceremony to raise the national flag of Bulgaria will be held in front of the presidential institution building...
A number of events are being held throughout Bulgaria to mark the Day of National Awakeners. On the day we pay tribute to the Bulgarian writers, educators and fighters for national liberation who have preserved the spiritual values..
On Saturday , the lowest temperatures will be between 3 and 8°C; at the Black Sea coast up to 10°C. In Sofia it will be around 3°C. During the day it will be sunny with scattered high clouds. Before noon there will be fog in the..
With the blessing of the Holy Synod of the Bulgarian Orthodox Church, a mobile application for believers has been available on the..
For a month after the start of the implementation of average speed control on 12 road sections in the country, 33,288 files with..
It is theoretically possible that Bulgaria could apply for a third payment under the Recovery and Resilience Plan by the end of 2025,..
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