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.
A new poll by the sociological agency Alpha Research indicates a continued decline in public support for Bulgaria’s ruling coalition . Positive assessments have dropped from 39% in January to just 26% in July, while negative opinions have risen from 29%..
On Thursday, the lowest temperatures will range from 14°C to 22°C, for Sofia 14°C. A cold atmospheric front will pass through the country during the day, bringing short-term showers, thunderstorms and hail in many places. The northwesterly wind..
Bulgaria has agreed to provide financing for the construction of units 7 and 8 of the Kozloduy NPP, the Ministry of Energy announced. A delegation led by Energy Minister Zhecho Stankov held final talks with Citibank management in New York. Units..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
“Entering the Eurozone does not present any risk to Bulgaria. Adopting the Euro can only serve as a powerful accelerator for our economic growth,”..
The REXDAN ship, which is conducting a large-scale study of the configuration and dynamics of the Danube River - from the Black Sea to Vienna , has..
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