Annual inflation in Bulgaria has gone up more than four-fold in 2022 as compared to 2021, Eurostat data show. In 2022, EU annual inflation reached the highest level ever measured at 9.2%. Compared with 2021, when the annual value was 2.9%, it more than tripled.
In Bulgaria the average annual inflation measured against the Harmonised Indices of Consumer Prices (HICP) was 13% for 2022. Compared to the price increase rate in 2021, which was just 2.8 %, consumer price growth in Bulgaria accelerated by 10.2 percentage points last year, or fourfold.
Around 50,000 medical tourists from abroad visit Bulgaria each year. Most of them come for dental care, which is of a high standard and 60–70% cheaper than in other European countries. Arkadi Sharkov of the Bulgarian Hospital Association announced..
Bulgaria will not be forced to shut down its coal-fired power stations or coal-powered district heating systems during the winter. Energy Minister Zhecho Stankov made this statement ahead of the opening of the RE-Source Southeast 2025 forum, held at..
The Confederation of Labor "Podkrepa" has strongly opposed the proposed measures for a more favorable regime for hiring staff from non-EU countries. "The government is proposing a measure to ease labor migration quotas, suggesting that up to..
Bulgaria’s President Rumen Radev met in Tokyo with Japan’s Prime Minister Shigeru Ishiba as part of his visit to Japan. Rumen Radev and Shigeru Ishiba..
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it,..
Only 2 kilometers remain to be built on the Bulgarian side of the railway corridor known as Corridor No. 8, which is intended to connect the Adriatic..
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