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 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..
All night long, fire brigade teams and forest officials made every effort to prevent the large forest fire that broke out yesterday in the late afternoon near the Kardzhali Dam from spreading to the nearby villages of Ridovo and Snezhinkite. The fire..
For the twenty-first day now, the fire in the Pirin Mountain continues to rage . There are thousands of fire outbreaks and they are being fanned by the wind . Two helicopters from the Air Force and two aircraft from European services have joined the..
In the extremely difficult and rocky terrain above the village of Ploski, with a slope of over 70 degrees, the third outbreak of the..
On the occasion of International Lighthouse Day, the oldest lighthouse in Bulgaria, which is located in Shabla, opened its doors for..
A statement from the Road Safety Institute, sent to the media, reports that the risk of dying on the road in Bulgaria is 2.5 times..
sunshine, cloud, rain and thunder
Partly Cloudy
Mostly Cloudy
Overcast, rain
Partly cloudy, chance of rain