“Inflation in Bulgaria is much higher than the average in Europe. It is a matter of time for the prices to start turning back,” Minister of Economy in the caretaker cabinet Nikola Stoyanov said for the BNR.
Wholesale prices are calming down, though not retail prices. Price caps do not work. The authorities are hoping that the e-platform containing price-formation information will boost competitiveness and bring down prices, Minister Stoyanov said further, and went on to cite employers that as a kind of insurance policy, in uncertain times everyone tends to elevate the mark-up. But things are not uncertain now, there is fuel, and we expect food prices to start going down. This is a battle the caretaker government is waging for a better life, Nikola Stoyanov said, and added he expected the inflation rate to drop down to single digits by May.
The Prosecutor's Office has raised new charges against Mayor of Varna, Blagomir Kotsev, BNR reporter Silvia Velikova informed. He is expected to be presented with materials part of the case on Friday, which means that the..
Everything possible will be done to ensure that no segments of the population are negatively affected, Minister of Social Affairs Borislav Gutsanov said, speaking about the preparation of the draft budget for 2026. "I don't see..
Bulgaria’s first honorary consulate in Norway was officially inaugurated on October 24, 2025, in the city of Stavanger, the Embassy of Bulgaria in Oslo announced on Facebook. Following the performance of the national anthems of Bulgaria and..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
Plovdiv Airport welcomed the first flight from Milan (Malpensa) with an official ceremony on October 26. The aircraft carried 87 passengers on the newly..
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