“Inflation in Bulgaria is much higher than the average in Europe. It is a matter of time for the prices to start turning back,” Minister of Economy in the caretaker cabinet Nikola Stoyanov said for the BNR.
Wholesale prices are calming down, though not retail prices. Price caps do not work. The authorities are hoping that the e-platform containing price-formation information will boost competitiveness and bring down prices, Minister Stoyanov said further, and went on to cite employers that as a kind of insurance policy, in uncertain times everyone tends to elevate the mark-up. But things are not uncertain now, there is fuel, and we expect food prices to start going down. This is a battle the caretaker government is waging for a better life, Nikola Stoyanov said, and added he expected the inflation rate to drop down to single digits by May.
Improving the road network requires around EUR 1 billion annually for a period of 10 years. In an interview with BNR, Yasen Ishev, Chairman of the Scientific and Technical Union for Transport and a road construction specialist, pointed out that..
The civic association "Angels on the Road" organized a protest in front of the Sofia Court House against the road traffic accidents that have claimed hundreds of lives. The procession passed by the Ministry of Justice, where the protesters spoke with..
On the occasion of World Health Day (April 7), Bulgaria’s Premier Rosen Zhelyazkov expressed his deep appreciation and respect for doctors and healthcare workers in Bulgaria, BTA reported. “You are the people who, every day, with professionalism and..
Unemployment in Bulgaria is below 4 per cent , according to NSI data for March quoted and summarised by BNT. Last month also saw an 8% increase..
The path to the economic prosperity of the Roma people goes through cultural legitimacy, says Ognyan Isaev, director of the Educational Opportunities..
The Ministry of Justice has published for public discussion a package of legislative changes against delay in serious road accident cases. These..
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