Annual average inflation of 11.9% is the government's forecast in the July 1 budget update. The draft is on the finance ministry's website and proposes the government's borrowing limit to be raised to €5bn.
The unfavorable prospects for the budget will severely hamper Bulgaria's accession to the Eurozone in 2024, according to the Annual Report on Economic Development in the country by the Economic Research Institute at the Bulgarian Academy of Sciences .
If the war in Ukraine continues, stagflation is a possible scenario for the Bulgarian economy in 2022 because higher energy prices make exports more expensive and uncompetitive as foreign markets shrink, the report says.
On February 3 (Monday), a joint contingent of officers from Bulgaria, Austria, Romania and Hungary will begin guarding the Bulgaria-Turkiye border, which is now an external border of the Schengen Area. The start of the joint operation will be..
Some of the existing mobile networks in Bulgaria will be switched off in 2025. The Chairman of the Communications Regulation Commission, Ivan Dimitrov, explained that the frequency resource will be reallocated, creating opportunities for better..
During the night, fog and low clouds will persist in the plains and valleys. The lowest temperatures in most areas will range from 0°C to 5°C, for Sofia around 1°. On Monday, the wind will shift from the northwest, in Eastern Bulgaria from the..
Economists and financiers have started a petition demanding that a request for an extraordinary convergence report on the introduction of the euro in..
The Deputy Chairman of VMRO, Carlos Contrera, called for a boycott of large food chains in Bulgaria ''because of high prices''. His call on Facebook..
Some of the existing mobile networks in Bulgaria will be switched off in 2025. The Chairman of the Communications Regulation Commission, Ivan..
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