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.
In the second quarter of 2025, Bulgaria's gross domestic product (GDP) grew by 3.1% compared to the second quarter of the previous year and by 0.7% compared to the first quarter of 2025, according to NSI data, BGNES informs. According to..
In recent days, there have been several fatal incidents of tourists drowning on the Southern Black Sea coast, reports BNT. The strong northeast wind and dead current pose risks to life, especially for inattentive tourists. On most..
The growing risk of a high deficit ahead of the current and next budget requires timely, wise and sustainable decisions that should not lead to impoverishment of people, but to promoting the economy , states the Podkrepa Confederation of Lbour trade..
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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