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.
May 24 will be declared Bulgarian Heritage Day by the Mayor of Las Vegas, Shelley Berkley, Bulgaria's Consulate General in Los Angeles announced. The official meeting between the new mayor of the largest and most popular city in the state of Nevada..
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 showers and thunderstorms. Maximum temperatures will be between 20 and 25°C, around 21°C in the..
Bulgarian President Rumen Radev has long been involved in the political life of the country, and now he wants to take on the role of opposition leader. This was stated by Finance Minister Temenuzhka Petkova in Targovishte. "After nearly four..
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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