“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 accession to the United States Visa Waiver Program is a strategic priority for the Bulgarian government , Tourism Minister Miroslav Borshosh announced at the opening of an information event focused on visa procedures aimed at expanding tourism..
Only three regions of Bulgaria have an average pension exceeding 500 euros: Sofia, Pernik and Burgas. The capital has the highest average pension in the country at 580 euros. The lowest average pensions are in Razgrad at 392 euros. These are the latest..
The government will not debate the introduction of the euro in Bulgaria , said Prime Minister Rosen Zhelyazkov at a discussion organised by the Economic and Social Council of the Republic of Bulgaria. He added that all responsible politicians and..
Household consumers will remain on the regulated electricity market for an unlimited period, said Energy Minister Zhecho Stankov at a briefing at the..
The Ministry of Culture is expecting UNESCO to approve, by the end of 2025, the application of the Centre for Underwater Archaeology in Sozopol as a..
On Thursday, minimum temperatures will range from 8°C to 14°C. Around 9°C is expected in Sofia. Cloud and rain expected in western and central Bulgaria..
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