“In 2022 inflation in Bulgaria will be brought under control,” Dimitar Radev, Governor of the Bulgarian National Bank, BNB, stated for bTV. “Joining the Eurozone will push up incomes. It is no coincidence that the trade unions are among the..
Bulgaria’s debt limit has been set at 2.25 billion euro, 1.9 billion euro has so far been taken out, announced caretaker Minister of Finance Valeri Belchev during his participation in the discussion “The government talking, openly!” in the..
The S&P Global Ratings have confirmed Bulgaria's long-term credit rating of 'BBB/A-2', the Bulgarian Ministry of Finance reports. The medium-term economic consequences of the pandemic are manageable. Recovering domestic..
As of January 1, 2022, daytime fare of taxi services in Sofia will rise from 53 Eurocents per kilometer to 91 Eurocents per kilometer. Night fares are to increase from 60 Eurocents to EUR 1.09 per kilometer. The decision was adopted at today’s..
The autumn economic forecast of the European Commission and the medium-term macroeconomic three-year framework of the Bulgarian Ministry of Finance have been recently published. Brussels expects Bulgaria to mark a 3.8-percent GDP growth this..
Inflation will accelerate to 4.5% by the end of the year, the Ministry of Finance forecasts in its updated autumn assessment of the Bulgarian economy. The average annual price rise will be 2.4%. The main factor for inflation is the significant rise..
In September, a three-member household in Bulgaria needed EUR 1,015 to live a normal life, the Institute for Social and Trade Union Research with the Confederation of Independent Trade Unions in Bulgaria announced. Single-person households need EUR..
The Bulgarian National Bank, BNB, has lowered the macroeconomic GDP growth outlook by 0.2%, and believes that by the end of 2021 it will be 3.9%. “In view of the postponement of the implementation of nationally-financed infrastructure..
The prices of goods and services in Bulgaria have started to go up. This is after a threefold increase in natural gas prices since the beginning of the year and an increase in heating and electricity prices in mid-summer. Globally,..
The minimum monthly salary is expected to increase. Currently, we are working on different scenarios for a higher minimum salary, Bulgaria’s caretaker Minister of Labor and Social Policy Galab Donev said for Nova TV. Galab Donev said he..
