A slight slowdown in inflation is expected in Bulgaria in the second quarter of the year. According to the Ministry of Finance's regular survey among financial intermediaries, different banks give mixed estimates on whether there would be a strong or slight increase in inflation, it would remain unchanged or there would be a slight decline.
These expectations coincide with the reported slowdown in inflation in the country, which began in the last quarter of the past year and continued in 2023. Experts predict a slowdown in economic growth and a rise in interest rates, especially in BGN and EUR. The trend will be observed in both loans and deposits, and banks expect a reduction in the rates for lending.
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
For the third consecutive year, Karin Dom – Varna is organizing the charitable initiative “Ivan Stanchov Awards” in memory of the Bulgarian diplomat and founder of the organization, Ambassador Ivan Stanchov. On October 23, awards will be presented..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia they will drop to around 7°C. In the morning, visibility will be reduced in some low-lying areas..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
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