Gas prices are expected to rise on a one-off basis due to the halted supplies from Russia, but they will be offset by alternative supplies, according to European Commission's latest spring macroeconomic forecast for Bulgaria. Energy prices are expected to start falling after the summer.
The inflation rate prognosis for 2022 is 11.9%, while for 2023 it is 5%. The country's GDP growth for 2022 will plunge to 2.1 percent from 4.2% in 2021. Growth of 3.1 per cent is projected for 2023.
To soften the impact of high energy prices, employers will limit wage increases, freeze job openings and investment, trying to keep unemployment rate below 5 percent.
On Thursday there will be significant cloudiness with rain showers. The lowest temperature will slightly rise and will be between 4° and 9°C; in Sofia - around 5°C. The highest will be between 13° and 18°C; in Sofia - around 13°C...
The upgrade of the Bulgarian supercomputer Discoverer has been completed successfully, and the machine now has new systems capable of additional specialized services in the sphere of AI in business, the science community and the public sector in the..
The first F-16 Block 70 aircraft for the Bulgarian army landed today at Graf Ignatievo air base. Before landing, it flew past the renewed multipurpose runway, renovated for the new fighter aircraft – the only runway in the country suited to..
The sea waves have pushed the oil ashore, which was released by a ship in the waters near Varna on the morning of March 31. The pollution was localized..
Partial state of emergency on the territory of the municipality of Varna is in effect until April 6 due to a fuel oil spill in the Black Sea, which has..
Only 5% of prisoners in Bulgaria find work after serving their sentence . According to the Varna-based Altruist Association, quoted by BNT, 75% return to..
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