Bulgaria’s cabinet has approved a report on the fulfillment of the state budget and the main indicators of the consolidated fiscal programme for the first nine months of 2016. The balance of the consolidated fiscal programme by September 2016 is positive to the tune of EUR 1.7 billion (3.8% of the estimated gross domestic product). The surplus in the state budget amounted to EUR 982 million. The surplus in the EU funds balance sheet is to the tune of EUR 713 million. The surplus in the consolidated fiscal programme in the period January-September 2015 was at EUR 319 million (0.7% of the country’s gross domestic product). Therefore, the budget position saw 3.1% improvement as compared to last year.
The challenges facing the energy sector in Bulgaria and the region were discussed by the Minister of Energy Zhecho Stankov and the Executive Vice-President of the European Commission for Clean, Fair and Competitive Transition Teresa Ribera , the..
We do not yet have the euro, but the information that we may have it inspires certain market entities, said Prime Minister Rosen Zhelyazkov at the opening of the National Discussion “The Effect of the Eurozone. The Experience of Member States Speaks”...
The Bulgarian Parliament has adopted the Personal Bankruptcy Act, which is an EU requirement for the second payment under the Recovery and Resilience Plan to be implemented. The texts provide that a debtor who fails to service his/her..
The village of Delchevo is restoring the tradition of celebrating Midsummer's Day with a two-day program on June 21 and 22, the Gotse..
A festive concert of the Otets Paissii Performing Folk Ensemble will be held in Nessebar today, as the ensemble celebrates 70 years..
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