“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 we shall approximate the European inflation average,” said Deputy Prime Minister and Minister of Finance Assen Vassilev in an interview for 24 Chasa newspaper. A significant part of the inflation in the country is imported because we are pegged to the euro, Minister Vassilev added.
In his words, the projects set down for building, within four years, new bridges over the River Danube, tunnels, motorways and other infrastructure projects are feasible and alongside the European funding, the country will be able to allocate around EUR 6 billion for them.
Bulgaria’s Premier Rosen Zhelyazkov and Ukrainie’s President Volodymyr Zelenskyy discussed energy security in the region and opportunities to strengthen cooperation in this area. The two held a phone conversation on November 6. They also discussed..
Six migrants died after the car transporting them overturned on the shore of Lake Vaya near Burgas. Before the accident, the traffickers’ car had been chased by border police between the towns of Kiten and Burgas. The driver of the car — a Romanian..
In the period November 7 to 9, Sofia Tech Park will host the tenth edition of CASSINI Hackathons & Mentoring, organized by the European Commission and the European Union Agency for the Space Programme (EUSPA). The hackathon will..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia..
''I am not surprised that the president’s veto concerning the sale of Lukoil’s assets was overturned, because even on such a delicate, serious and..
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