Road maintenance companies are protesting for the second consecutive day because of overdue payments for already completed works. They are also demanding indexation of construction contracts to compensate for inflation. Protesters temporarily..
The cost of the fall of the Bulgarian government in the short-term amounts to BGN 900 million or almost EUR 460 million, says Latchezar Bogdanov, Chief Economist at the Institute for Market Economics. But if the political..
A Ukrainian Antonov An-12 cargo plane carrying dangeruos materials, mostly explosives, crashed on Saturday near the town of Kavala in Northern Greece. As a precaution because of the strong smell emanating from the crash site, a coordinating committee..
Bulgaria’s President Rumen Radev handed the second government-forming mandate to GERB/SDS coalition. However, GERB/SDS immediately returned the mandate to President Radev. The country’s head of state announced that on July 15 he is to hold political..
The International Monetary Fund - IMF expects average inflation in Bulgaria in 2022 to reach 12.2%. This is what the opinion of the Executive Board of the fund is. It is based on data of the institution's mission to Sofia...
Inflation is beginning to slow down on a monthly basis, while year-on-year, a growth rate is still being registered, Deputy Prime Minister and Minister of Finance Assen Vassilev stated in an interview with Dnevnik . He warned that..
In May, inflation in the European Union set a new record and reached 8.8 percent on an annual basis , Eurostat reported, quoted by BTA. In the Eurozone alone, inflation is 8.1 percent. As a result of the crisis in Ukraine, in 14 EU countries,..
The annual inflation rate for May 2022 compared to May 2021 is 15.6%, National Statistical Institute data published today show. The monthly inflation rate – May compared to April 2022 – is 1.2%. The steepest monthly price rise is of..
According to the National Statistical Institute inflation in Bulgaria is 14.4%, but the market basket of consumer goods includes a number of optional goods that nobody consumes. In fact, if the consumer price index is taken into account, inflation..
"The resignation of the cabinet is the best amendment of the state budget" , the leader of GERB party Boyko Borissov said in the town of Veliko Tarnovo. Borissov and MPs from the Parliamentary group of GERB met with party members and supporters from..
