The day in 3 news: Parliament is still gridlocked; Inflation expected to fall in 2023; U-turn over nuclear fuel supplies to Kozloduy

Първо заседание на 48-ото Народно събрание. Даниел Лорер, Продължаваме промяната, ПП, Вежди Рашидов, ГЕРБ

The day in 3 news: Parliament is still gridlocked; Inflation expected to fall in 2023; U-turn over nuclear fuel supplies to Kozloduy

Първо заседание на 48-ото Народно събрание. Даниел Лорер, Продължаваме промяната, ПП, Вежди Рашидов, ГЕРБ

© Цветелина Белутова


Still no resolution to parliamentary speakership

For a second consecutive day Bulgaria's parliament failed to elect a parliamentary speaker. In effect, this means that the parliament cannot work at all. Voting was repeated 4 times.

WCC and GERB withdrew their candidates from the race earlier following political bickering, leaving only BSP, DPS and Vazrazhdane's candidates in the field.

If this stalemate continues, it will block MPs' work as the Constitution says that they have to elect a chairman at their first meeting.The oldest sitting MP, Vezhdi Rashidov, a GERB member and former Minister of Culture, who was elected as caretaker chairman, ruled out running in the actual race.

MOF forecasts inflation to be 6.4% next year

The Ministry of Finance expects the gross domestic product (GDP) for 2023 to record growth of 1.6 percent, reaching over 173.8 billion leva. Unemployment is expected to be 4.6 percent, and inflation - 6.4%. This was announced by the Acting Minister of Finance Rositsa Velkova, presenting the draft budget for next year.

However, the finance ministry's growth forecast is quite different from that of the Bulgarian National Bank, which expects growth of only 0.1 percent. Revenues are expected to grow by 5.9 billion leva.

Caretaker government changes tack on Kozloduy nuclear fuel supplies

The caretaker cabinet of Galab Donev has reversed yet another decision of the cabinet of previous prime minister Kiril Petkov by stepping back from diversifying nuclear fuel supplies for the Kozloduy NPP.

The Kozloduy NPP began discussing diversifying supplies of nuclear fuel in 2019. However, a new supplier can only be enlisted after licensing by the Nuclear Regulatory Agency, the government information service announced today.

Russia is the traditional supplier of nuclear fuel, but it is also produced by Sweden's Westinghouse and France's Framatom.

Still no resolution to parliamentary speakership

For a second consecutive day Bulgaria's parliament failed to elect a parliamentary speaker. In effect, this means that the parliament cannot work at all. Voting was repeated 4 times.

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