The annual inflation rate has accelerated in March for the 13th consecutive month, reaching 12.4% as compared to 10% in February, reaching its highest level since 2008, National Statistical Institute data show. Within the space of just one month, consumer prices have gone up by 2.2%, transport costs by 7.9%, food and soft drinks by 3.3%, hotel and restaurant prices by 2.8%.
Finance Minister Assen Vassilev declared that all proposals for addressing the inflationary pressure will have been summarized within a fortnight, and the package of measures will be ready before the update of the budget in summer.
“The biggest inflationary pressure comes from the supply chain, food, and that is where a large part of the measures should be targeted. The other direction major pressure will probably come from are metals,” he commented.
The authorities in Burgas are introducing a 35-kilometer security zone in the waters of the Burgas Bay, where waiting tankers will not be allowed, BTA reported. The measure is in response to growing public discontent over the strong..
Bulgarian short animated film “The Artist’s Daughter” will be presented today in Tokyo as part of the EU Film Days, BTA reports. The animation is part of the festival program in the “Memory and History” section. “The Artist’s..
Doctors without a speciality and nurses should receive a minimum wage of 150% of the average salary in the country. This was proposed at a round table in the National Assembly by protesting doctors from the “Future in Bulgaria”..
Security agencies in Bulgaria, DANS (State Agency for National Security) and GDBOP (General Directorate Combating Organized Crime), are carrying out an..
Sofia is hosting a trilateral meeting of the defence forces heads of Bulgaria, Romania and Turkey. The Ministry of Defence announced that, at the..
The Ministry of Transport has published for public discussion changes to the Regulation on Unmanned Aircraft Systems. The..
+359 2 9336 661