During the second quarter of the year, the government debt across the EU has gone down as a percentage of the GDP, according to a Eurostat report.
At the close of the second quarter, the debt of the 28 EU members dropped to 84.3 percent of the region’s GDP, as compared to 84.5 percent during the first quarter. In Bulgaria it has dropped down to 29.4 percent compared to the first quarter and though it is higher than one year earlier, it still remains among the lowest in the EU. Only Estonia (9.7%)) and Luxembourg (22%).) have lower debt levels. The highest levels have been registered in Greece (179.2% of the GDP), Italy (135.5%) and Portugal (131.7%).
On Tuesday, the lowest temperatures will be between minus 5 and 0°C; in Sofia - around minus 5°C. It will remain cold and cloudy with snowfalls over most of the country and rainfall in the southeastern regions. The snow cover will..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced. Thus, its official name becomes Vasil Levski Sofia Airport. According to the Constitution, the Head of..
The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans. A statement..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
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