The political situation in recent days may have been relatively calm, but, sadly, this is not replicated regarding the number of coronavirus cases. A total of 11 181 thousand people became newly infected with Covid-19 over the past 24 hours and experts say the Omicron variant is spreading.
Radev ready for second term
President and the Vice President of Bulgaria Rumen Radev and Iliana Yotova were sworn in for a second term at an official ceremony today. "We need a clear political will, and legal and constitutional changes," President Radev said. And he added that these changes should include expanding civic participation in government and strengthening guarantees for the protection of human rights. After the ceremony, Prime Minister Kiril Petkov said the government would happily receive constructive criticism from President Radev because "this is what leads to optimal results".
UniCredit lowers its GDP forecast to 3.6% in 2022
UniCredit Bulbank expects Bulgaria's GDP to increase by 3.6% this year and by 4.3% in 2023 as blocked supply chains and higher than expected inflation are likely to slow the pace of growth. "We expect average CPI inflation to rise to 6% year-on-year in 2022 before falling back to 3% in 2023. We still think that high inflation mostly reflects temporary factors, including elevated energy prices, supply bottlenecks and base effects," the bank said in its January macroeconomic update.
Four Bulgarian municipalities want to be smart cities
As the European Commission announced a competition for "smart and green" cities, four Bulgarian municipalities said they would apply. They are Sofia, Stara Zagora, Gabrovo and Varna, reported Capital Weekly. The idea behind the competition is for the municipalities to declare their interest in becoming climate neutral and to present their current actions and future plans towards this goal.