The day in 3 news: Radev begins talks with parties; Bulgarian economy may reach pre-crisis levels in 2022; Ryanair launches flights from Sofia to Bratislava and Zadar

President Radev starts consultations with parties

The day in 3 news: Radev begins talks with parties; Bulgarian economy may reach pre-crisis levels in 2022; Ryanair launches flights from Sofia to Bratislava and Zadar

President Radev starts consultations with parties

© Юлия Лазарова


Another day has passed without an announcement of the names of future ministers. Meanwhile, a few media sites have published information the accuracy of which cannot be verified as discussion between all the parties in the future coalition continues.

President Radev starts consultations with parties

President Radev has begun consultations with parties represented in Parliament as part of the constitutional procedure leading to the formation of a government. After the consultations, the head of state must hand over a mandate to the first political force - "We Continue the Change". This was also the first party whose representatives Radev met today. "The timе of autocracy in Bulgaria is over," said the president.

"Bulgaria urgently needs a functioning parliament and a regular government to solve the most pressing problems in this country," commented Kiril Petkov from "We Continue the Change", now the de facto Prime Minister in waiting. Meanwhile, ex-ruling party GERB said their parliamentary group would be in opposition to the future left-liberal government.

BNB: Bulgarian economy may reach pre-crisis levels in early 2022

Bulgaria's GDP may reach its pre-crisis level in the first quarter of next year as long as the pandemic doesn't lead to harsher measures, the Bulgarian National Bank (BNB) stated in its latest economic review.

Analysts expect inflation to start slowing as early as 2022, mainly due to lower annual food and oil prices on international markets. But they also point out that there is a risk that this forecast will not materialise - if prices of electricity, natural gas, and other basic raw materials continue to rise. "Risks to the inflation forecast are assessed as oriented towards a stronger increase in prices compared to the baseline scenario and stem largely from the possibility that the upward trend in electricity, natural gas, and other commodity prices would be maintained over the projection horizon," notes BNB in its review.

Ryanair launches services from Sofia to Bratislava and Zadar

Irish low-cost carrier Ryanair will launch two new routes from the capital Sofia to Slovakia's Bratislava and Croatia's Zadar as part of next year's summer schedule. As of July, the airline will operate three flights per week from Sofia to Bratislava and two weekly flights on the route to Zadar, Ryanair said in a statement. Ticket prices will start from 29.99 euros, and will be valid for flights until the end of October

Another day has passed without an announcement of the names of future ministers. Meanwhile, a few media sites have published information the accuracy of which cannot be verified as discussion between all the parties in the future coalition continues.

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