Bulgaria’s President Rumen Radev presented his fourth caretaker government, which takes power before the snap parliamentary elections on October 2. “Security is the key challenge facing the caretaker cabinet. Tension in the Balkans is on the rise..
It looks like we are in for a successful summer season despite the long pandemic and the war in Ukraine which have been fueling a sense of unpredictability in the industry. However, according to the Institute for Analysis and Evaluation in..
In March inflation in Bulgaria hit a fourteen-year peak of 12%, data of the National Statistical Institute show. In one month only, consumer prices increased with 2.2%, transport costs rose by 7.9% and food prices went up by 3.3%. The price of..
Romanian President nominates Iraq and Afghanistan veteran for PM Romania's President Klaus Iohannis nominated retired four-star army general Nicolae Ciuca as prime minister designate on Thursday, tasking him with forming a..
The prices of goods and services in Bulgaria have started to go up. This is after a threefold increase in natural gas prices since the beginning of the year and an increase in heating and electricity prices in mid-summer. Globally,..
In an interview with the Bulgarian National Television, the CEO of the Sofia Commodity Exchange Vasil Simov predicts that the wave of food hoarding since the beginning of the Covid-19 epidemic will lead to a subsequent decline in demand , which will force..
