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.
North Macedonian Prime Minister Hristijan Mickoski said his government will not unconditionally recognise Bulgarians in the country’s constitution. “Nobody has the right to expect this government to make constitutional changes unconditionally,” he told..
‘The Bulgarian Rectors’ Council has proposed the creation of Danube University Alliances,’ said Professor Miglena Temelkova, the Council's chair, at the ‘Days of Bulgaria in Kecskemét, Hungary’ forum. The idea is for the alliances to include..
‘This is not the time for early elections,’ said Prime Minister Rosen Zhelyazkov at a GERB party conference. According to BTA, he was opposed to holding elections during the country’s planned adoption of the euro in 2026. GERB chairman Boyko..
Russia’s Deputy Minister of Foreign Affairs Alexander Grushko stated that Moscow has not held talks regarding a possible overflight of President..
Russian spies and hard-left humanitarian groups are working with people smugglers to food Europe with illegal migrants, wrote '' The Times'' , quoting..
Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for..
Mostly Cloudy
Partly Cloudy
Clear