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.
A peaceful civic protest under the motto “Protecting our children – car procession and blocking traffic on Danube Bridge” will take place on Saturday. The participants will start from the municipal parking lot next to the National Revenue Agency..
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 association Centre d'Art des Collines de Grasse. The visit marks the 145 th anniversary of the..
Prime Minister Rosen Zhelyazkov will lead the Bulgarian delegation to the funeral of Pope Francis in Rome , Italy, the Cabinet’s press office announced. The delegation also includes Deputy Prime Minister and Minister of Transport and Communications..
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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