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.
Prime Minister Rosen Zhelyazkov will take part in the solemn celebrations on the occasion of the 140th anniversary of the Serbo-Bulgarian War, which will be held on November 7 - Victory Day in the Battle of Slivnitsa. The ceremony..
Research ship "Sts. Cyril and Methodius" has departed from Varna after a solemn ceremony. In its fourth voyage to Antarctica the ship is expected to reach the Bulgarian Antarctic base on Livingston Island by the end of December and..
The Sofia Police announced that they will use drones to monitor fans before and during the football match between Levski and CSKA, which will be held on Saturday at 3:00 p.m. at the Vasil Levski National Stadium. There will be..
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