In July 2020, consumer confidence rose by 3.3 percentage points compared to April, the National Statistical Institute has reported. The rise among the urban population is 2.7 points, while for the people living in the villages - 4.5 points.
Consumers see some positive changes in the development of the general economic situation in the past 12 months. The expectations of the people living in the villages are that the trend would continue in the next 12 months, while the urban population is more reserved. Expectations of the respondents for revenue growth have decreased by 1.8 points.
Consumers believe that there is a slight decrease in prices and have low inflation expectations. Fears of rising unemployment rose by 10.9 points.
Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..
“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..
The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before..
The annual planned maintenance of Kozloduy NPP Unit 6 starts today and is expected to last until early December, the nuclear power plant has announced...
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