At the end of March, the budget had a surplus of 700,000 euros. The crisis will still affect the treasury, the government said after checking the execution of the state budget in early 2020.
At the end of March, the fiscal reserve is over 5 billion euros. The negative effects of the pandemic are still expected, such as the extension of the terms for corporate income taxation and the reduction of trade turnover. It is expected that the parameters of budget implementation will appear more clear in the second and third quarters of the year.
In order to support investments, we do not envisage limiting the payments on large infrastructure projects, Prime Minister Boyko Borissov said.
The Sofia Regional Prosecutor’s Office has indicted 6 individuals for hooliganism in front of the European Commission and European Parliament building in Sofia. The incident occurred during the protest organized by Vazrazhdane against the..
At three consecutive sittings today, the Council for Electronic Media (CEM) failed to elect a director general of Bulgaria’s public service TV BNT. None of the 8 applicants earned the minimum of 3 votes in favour out of the 5 members of the..
Toll system cameras are now synchronized with the Interior Ministry system. This means that drivers driving in the emergency lane will be monitored and penalized, said Interior Minister Daniel Mitov . “All drivers should know that after the..
Bulgarian students won four medals at the International Chemistry Olympiad (IChO). They earned one gold, one silver and two bronze medals at the..
From 1 January 2026, Bulgaria will join the Eurozone , and the lev and stotinki will become a thing of the past. While the new currency will have a..
Two helicopters from the Bulgarian Air Force are participating today in the firefighting operations in the Rila Monastery area . A Mi-17 helicopter with a..
+359 2 9336 661