No candidacy for governor of the Bulgarian National Bank - BNB had been submitted to parliament by March 8, which was the deadline. The election of a central bank governor has been postponed once again and a new procedure is to be..
“We are not going to have double-digit inflation in the country,” Deputy Prime Minister and Minister of Finance Assen Bassilev stated in response to criticism during the discussion of the draft state budget in parliament. Minister Vassilev..
Inflation will peak in March and April, Bulgaria’s Minister of Finance Assen Vassilev forecasted in an interview for the BNT. In his words, inflation will not exceed 10% and will fluctuate between 5% and 8%. He voiced hopes that the 2022 state..
“Inflation is approximately within average European norms. We are 2% over the EU average. We expect the peak to be reached in March-April, after which inflation will begin to calm down. That is when energy prices will also begin to go down and..
Dear friends, welcome to Bulgaria Today on January 19! We open up with a summary of leading news and stories today and weather report for tomorrow. Next, soaring inflation has called into question peoples’ attitudes to saving. According..
7.8% is the inflation rate in Bulgaria for 2021. The last time such a rate has been registered was in 2008, the National Statistical Institute says. Because of the pandemic, the forecasts for 2022 are for inflation of 6%. This will reduce..
The Confederation of Independent Trade Unions, CITUB has demanded that the minimum monthly salary for this year be raised to 730 Leva (EUR 373), instead of 710 Leva (EUR 363), as proposed by Minister of Finance Assen Vassilev. At a discussion..
The annual inflation rate in Bulgaria accelerated to 6.3% in November, as the last time similar levels were observed in this country was in early 2009. The difference is that then there was a process of disinflation after a period of a double-digit..
"We will probably see growth of around 4.5% by the end of 2021, but 90% of this growth is due to credits and inflation, which remained underestimated. The percentage of real GDP is low as it grew by just 0.6% in the 2 nd and the 3-rd trimester. We..
So far, there has been no reaction from the President and Prime Minister to the calls of employers' organizations for convening the National Security Council over electricity prices. Vasil Velev from the Bulgarian Industrial Capital..
