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.
The deadline for submitting advance applications to vote abroad for the upcoming early parliamentary elections on October 27 has expired. It is expected that about 720 polling stations will be opened outside Bulgaria , and the exact number will be..
We firmly condemn Iran's continued missile strikes against Israel, we support the regional stability and security of the State of Israel, says a position of the Bulgarian Ministry of Foreign Affairs uploaded on the X network. Due to the tension..
With two flights of the government Airbus in two days, the Bulgarian state managed to evacuate 169 Bulgarians and their families from Lebanon after the escalation of tensions there. "Thank God we're back, " says one of the Bulgarians with..
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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