There is a danger of an inflationary spiral, Bulgarian National Bank's Deputy Governor Kalin Hristov warned at a parliamentary roundtable on Introducing the single European currency in Bulgaria. In 2021, we already had widespread inflation spreading to labour prices, Hristov said.
National Statistical Institute President Sergey Tsvetarski warned that Bulgaria does not meet the price stability convergence criterion for joining the Euro zone, under which the candidate's inflation rate cannot be higher than 1.5% above the rate of the three best-performing member states.
If we fail to contain this inflation shock that our economy is suffering, it will be critical for Bulgaria's eurozone accession, said Lyubomir Karimanski, chairman of the parliamentary committee on budget and finance.
The National Railway Infrastructure Company is preparing a new electrified railway connection to the border crossing at Lesovo. It will improve connectivity and traffic capacity between Bulgaria and Turkey , the company announced. The pre-investment..
Today, experts will seek solutions to the sheep and goat pox outbreak in Bulgaria at a round table event at the University of National and World Economy in Sofia. This highly contagious infection in small ruminants is spreading mainly in the Plovdiv..
On Wednesday, minimum temperatures will range from 18 to 23°C , in Sofia – 18°. It will be a sunny and hot day, with a yellow heat warning in place for western and central Bulgaria. There will be a light to moderate easterly wind. Maximum..
The 122nd anniversary of the Ilinden-Preobrazhenie Uprising will be marked today in the historical area of Petrova Niva in Strandzha. The celebration is..
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