“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.
Applications for recognition of higher education obtained abroad have doubled. This was announced by Vanya Grashkina-Mincheva, executive director of the National Center for Information and Documentation before a meeting of the parliamentary education..
Protecting the rights and caring for Bulgarian communities abroad are fundamental to Bulgarian foreign policy, said Bulgarian President Rumen Radev at a meeting with the Bulgarian community in Riyadh . He answered the questions of Bulgarians working and..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the earthquake. The epicenter was near the city of Sundargah in the Balıkesir province. In addition to..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
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