Bulgaria has the sixth highest inflation in the EU. In April, inflation reached 14.4% year on year, whereas the EU average was 8.1%, reads an analysis by the Confederation of Independent Trade Unions in Bulgaria (CITUB) regarding the anti-crisis measures announced by the government.
Higher inflation was registered only in Latvia, the Czech Republic, Lithuania and Estonia. However, Bulgaria ranks second in the EU in terms of increase of food prices. Food prices in Bulgaria increased by 21%. Lithuania tops the ranking with a 22.1% increase in food prices. Food prices in France rose 4.3%. The average increase in the EU was 8.9%.
The trade unions insist that the government raises the minimum monthly salary and incomes to offset inflation. They expressed discontent that the increase of the minimum salary is absent from the package of the anti-crisis measures announced by the cabinet.
The Bulgarian state-owed natural gas supplier Bulgargaz has proposed that the price of natural gas for November increases by around 8% to nearly 66 BGN per megawatt-hour, excluding fees and taxes, reported BNR's journalist Yuliana Kornazheva. The..
The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..
For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget...
The two largest trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria and the Confederation of Trade Unions "Podkrepa" -..
Partly Cloudy