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 Wednesday , the lowest temperatures in the country will be between 9 and 13°C; in Sofia about 9°C. During the day there will be scattered clouds with showers. Mostly in the southern regions of Bulgaria there are conditions for..
Two trains collided at Sofia Central Railway Station at around 16.40, the press centre of the Interior Ministry told BNR. The collision occurred between a train bound for Plovdiv and another train performing slow manoeuvres in the station area...
Machines for voting abroad in the national and European Parliament elections on June 9 are currently being installed. In a few days, they will be provided to the Ministry of Foreign Affairs for transportation to Bulgaria’s..
For the first time, Bulgaria has less than 3 million working citizens out of a total population of less than 6.5 million , according to the National..
On Tuesday, minimum temperatures in the country will be between 10 and 12°C , 10°C in Sofia. In the afternoon it will be cloudy with short showers and..
About 2,500 Bulgarians have been trained as paramedics since 2016. Nearly 60% of them emigrated and practice their profession abroad. This is what..
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
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