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According to Jaewoo Lee, Head of the IMF mission for Bulgaria, inequality in this country keeps growing, BNR reported.
As a measure to provide more resources for social spending, the Fund proposes increasing the maximum social security income without eliminating the flat tax of 10%. IMF experts, who have been in Bulgaria since February 4, have held a series of meetings with government officials, BNB experts, business and non-governmental organizations. The fund assessed the stability of the financial system and the state of the economy in 2019, announcing that stable, albeit more moderate economic growth is expected in 2020, as well.
Meanwhile, the National Statistical Institute announced that annual inflation in January was 4.2%, with a rise in prices marked in almost all goods and services.
Bulgarian racing talent Nikola Tsolov opened the 2026 Formula 2 season with a major achievement, taking victory in the main race at the Albert Park circuit in Melbourne
Bulgaria’s economy expanded by 3.0% in the fourth quarter of 2025 compared to the same period in 2024, according to preliminary figures from the National Statistical Institute. On a quarterly basis, seasonally adjusted data indicate a growth of 0.8% relat
One week after the start of the US and Israeli strikes against Iran, the effects are already visible on global oil markets. The escalation quickly influenced trading on international exchanges, where crude oil prices reacted to the rising uncertainty surr
The skier who struck 16-year-old Bulgarian snowboarder Malena Zamfirova at the Czech resort of Špindlerův Mlýn was not under the influence of alcohol, Czech police confirmed
Airspace above Sofia’s Vasil Levski Airport was temporarily shut down on Saturday after security systems detected a drone in the vicinity of the capital’s main aviation hub
The Confederation of Independent Trade Unions in Bulgaria (CITUB) has announced plans for a series of mass protests over budget-sector salaries, more than two months after the adoption of the extension budget
March 8 is marked around the world as International Women’s Day, a date symbolizing solidarity, strength and unity among women. Over time, the day has become both a celebration and a reminder of the long struggle for equal rights, dignity and recognition
Airspace above Sofia’s Vasil Levski Airport was temporarily shut down on Saturday after security systems detected a drone in the vicinity of the capital’s main aviation hub
Musicians from the Bulgarian National Radio (BNR) have suspended all concert activities starting Friday, protesting what they describe as insufficient salaries.
During the night, cloud cover will shift toward western regions but will gradually clear, leaving most of the country with mostly clear skies by morning.
A total of 326 Bulgarian citizens are returning from Dubai today on a special flight organized by the state. Gulliver Airlines is operating the Airbus A330-203, departing from Sofia in the early afternoon and arriving at Al Maktoum International Airport i
The process of bringing Bulgarian citizens home from the Middle East is ongoing, as authorities continue to coordinate evacuations from several countries in the region
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