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.
“We Continue the Change/Democratic Bulgaria (PP/DB) will not take part in today’s vote of no confidence in the government of Rosen Zhelyazkov,” said PP co-chair Kiril Petkov. “The motion of no confidence we shall submit after the accession date for..
A Sofia municipality plan for the development of Mount Vitosha envisages improving transport connectivity and year-round access to the mountain. The most important thing is for Vitosha to be integrated into the city, Sofia mayor Vassil Terziev..
The oil slick between waterbreakers 2 and 2 on the beach in Varna has been cleaned up, there is no oil in the sea water either, indicate the results of an inspection by the commission appointed by order of the regional governor. However, small oil..
The upgrade of the Bulgarian supercomputer Discoverer has been completed successfully, and the machine now has new systems capable of additional..
Housekeepers (76%), cooks (68%), receptionists (57%), waiters (50%), bar tenders (26%) and technical staff (23%) are in demand most for the tourist..
Protests will take place in front of the court houses in Sofia, Varna, Plovdiv, Burgas and Stara Zagora against pedophilia and crimes against children...
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