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.
"When I look at the CCTV footage, I have the feeling that some of the sectional election commissions did not work according to the rules." That is how chair of the CEC, Kamelia Neikova, commented information about manipulations related..
By order of caretaker Prime Minister Dimitar Glavchev, the institutions are ready to provide assistance to Spain after the floods in Valencia, the Council of Ministers reported. If the authorities in Madrid request support,..
In the elections on October 27 this year there were problems in both phases of the process - when the votes were submitted and when they were counted, former acting minister of interior Ivan Demerdzhiev told the BNR. According to him,..
Over 1/3 of the cases of African swine fever among wild boars in Europe have been registered in Bulgaria , the Association of Pig..
An engineering contract for the construction of new capacity at the Kozloduy Nuclear Power Plant (NPP) has been signed by NPP Kozloduy - New Capacities..
On Tuesday , the lowest temperatures will be between minus 3° and 2°C, in Sofia - around minus 1°C. During the day it will be sunny,..
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