“Doling out money gratuitously to people in need is impossible because the resources are limited. The government would come out of the crisis with a huge deficit,” Ivan Kostov, Prime Minister of Bulgaria in the 1997-2001 period said for the Bulgarian National Radio.
“According to the EU, the country’s GDP is going to go down by 7.2%. That means EUR 4.2 billion. There is no way the government can find the billions needed to compensate for all incomes. Calls for such a thing are populist. Even if it does find the money from somewhere, it couldn’t be absorbed and will only give rise to corruption,” Ivan Kostov said. He added that Bulgaria is not the only country where measures to address the damages are taken under pressure and urged for taxes not to be changed mid-year.
Bulgaria has received its fourth air ambulance helicopter. “The new aircraft will be based at the Georgi Benkovski Air Force Academy hangar in Dolna Mitropolia. From there, it will serve a wide regional area and make a significant contribution to the..
The Bulgarian National Radio will host the 2025 Public Broadcasters International (PBI) Annual Conference . The prestigious forum will be held from 20 to 22 October for the first time in the Bulgarian capital Sofia. The theme of the PBI..
Plamen Dimitrov, president of Bulgaria’s largest trade union, the Confederation of Independent Trade Unions in Bulgaria (CITUB), has warned of a potential shortfall of around 17–18 billion leva (EUR 8.7–9.2 billion) in next year’s draft budget...
Between January and September 2025, Bulgaria’s capital recorded a 10% increase in tourist arrivals and a 6% rise in overnight stays compared with the same..
Bulgarian President Rumen Radev has announced that as of October 20 this year he will travel to work in his personal car. “When a law is being adopted..
The government of South Africa is introducing a visa-free regime for Bulgarian citizens holding ordinary passports for stays of up to 90 days , the..
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