“High Heating Bills Cause Stress for Toplofikatsia Sofia Subscribers”

“High Heating Bills Cause Stress for Toplofikatsia Sofia Subscribers”

Subscribers of “Toplofikatsia Sofia” started receiving the invoices for April and many became stressed by the high amounts charged to them. “It’s true that last month was unusually cool, but 400 BGN?! We didn’t live in a sauna, for sure,” shared an annoyed reader of “Now”. Others say their April bills are the highest since … Read more

“Why Investors are Puzzled by the Recent Strength of the US Dollar”

“Why Investors are Puzzled by the Recent Strength of the US Dollar”

If investors agree on one thing this year, it’s that the dollar will weaken. That made the greenback’s 2 percent rise over the past month particularly puzzling. US inflation is cooling, and the Federal Reserve may pause interest rate hikes next month. The dollar index, which measures the value of the U.S. currency against six … Read more

“Boyko Borisov warns of pension crisis in Bulgaria”

“Boyko Borisov warns of pension crisis in Bulgaria”

Photo: FB/Boyko Borisov Boyko Borisov startled the pensioners with a sharp warning! He stated that on June 10, the state will not be able to pay pensions if there is no budget. This happened during a party briefing in which Maria Gabriel also participated. “Is there anyone among you who considers that these two years … Read more

“Discover the Unique Yardang Landforms in Northwest China’s Gobi Desert”

“Discover the Unique Yardang Landforms in Northwest China’s Gobi Desert”

A phenomenon in Northwest China! Unique landforms were spotted in the Gobi desert. Huge concentric circles known as yardang have formed in the sand. This relief form is the result of wind erosion in arid regions, writes Nova, citing Reuters. The word yardang is Uighur and means “small hill with steep slopes”. The landform in … Read more

“New Homes in Varna and Burgas Districts Outpace Other Regions in Bulgaria”

“New Homes in Varna and Burgas Districts Outpace Other Regions in Bulgaria”

The number of new homes commissioned in Varna is increasing. Only for the first quarter, the number of newly built dwellings in the district is 672, and the number of new buildings is 135. Not far behind is the Burgas district with 525 new dwellings for the period and 141 new buildings. For comparison, only … Read more

Henry Kissinger predicts Ukraine conflict could end with China’s mediation

Henry Kissinger predicts Ukraine conflict could end with China’s mediation

Negotiations to resolve the situation in Ukraine could begin by the end of this year with the mediation of China, former US Secretary of State Henry Kissinger said in an interview with CBS News. The former head of the State Department believes that the Ukrainian conflict is approaching a tipping point. “Now that China has … Read more

“Warren Buffett predicts gloomy forecast for his own enterprises: Get used to earning less”

“Warren Buffett predicts gloomy forecast for his own enterprises: Get used to earning less”

Billionaire Warren Buffett, whose economic insights are always listened to with great interest by the world, gave a gloomy forecast even for his own enterprises: The good times are over. Get used to earning less! He ranks 6th in the list of the richest people on the planet according to Forbes with a fortune of … Read more

“Sofia Residents to Face 30-36% Increase in Hot Water Bills for April”

“Sofia Residents to Face 30-36% Increase in Hot Water Bills for April”

A financial blow for almost every Sofia resident comes with the new hot water bills. Households with heating in the capital will receive a 30-36 percent higher bill for heating and hot water for April. The reason is that the last month with heating this year was not only colder, but also longer than last … Read more

Report Shows Increase in Number of Civil Servants Despite Push for Electronic Services: State of the Administration 2022

Report Shows Increase in Number of Civil Servants Despite Push for Electronic Services: State of the Administration 2022

Despite the declared intentions to optimize the state administration, reduce costs and replace it with electronic services, the number of civil servants is increasing. This is according to the 2022 State of the Administration Report, writes the Institute for Market Economy. The report shows that the number of employees of the Bulgarian administration is 143,815, … Read more

Chief Prosecutor Ivan Geshev Congratulates the Bulgarian Army after Attempted Attack on Him

Chief Prosecutor Ivan Geshev Congratulates the Bulgarian Army after Attempted Attack on Him

Chief Prosecutor Ivan Geshev with the first publication after the attempted attack on him. In his Twitter profile, he came out with a congratulation on the Holiday of the Bulgarian Army, writes Petel. Here is what Geshev wrote: “Happy Day of the Bulgarian Army! Let us bear the bravery of our ancestors who died for … Read more