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.
Small retail outlets maintain lower prices compared to large chains, with differences ranging from 1 to 10%. This is one of the conclusions of the CITUB trade union's monthly monitoring of the prices of goods from the so-called small consumer basket...
The Council of Ministers has approved a draft agreement with Italy for the joint construction and use of the Kabile military district, the Defense Ministry announced. The new NATO base will include the Bezmer air base and will host the Alliance’s..
The Constitutional Court in Skopje has initiated a case to establish the constitutionality and legality of the protocol of the second meeting of the Joint Intergovernmental Commission of North Macedonia and Bulgaria , the Maxfax agency reported...
On Saturday minimum temperatures will range from 14°C to 22°C , around 17°C in Sofia. The day will be largely sunny, with some cumulus cloud building..
According to the National Statistical Institute, the number of unemployed people in the second quarter of 2025 was 110,500 . Of these, 55.0%..
Prices must be displayed in the same font size for both currencies, with designations that are clear to the consumer. There is no requirement which..
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