“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.
There will be no recount of ballots from the recent parliamentary elections in October 2024. The Central Election Commission (CEC) met today after the Constitutional Court yesterday ordered a recount of the parliamentary election results due to numerous..
The effects of the protests against supermarkets are being felt, Agriculture Minister Georgi Tahov said in Plovdiv, where he was attending a national meeting of fruit and vegetable producers. He added that there had already been a drop in the price of..
Filling the large number of vacancies in the armed forces and improving their social status and motivation is the main objective of the Governance Programme for the period 2025-2029 in the "Defence" sector . Other expected outcomes of this programme..
Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S...
The Ministry of Foreign Affairs has advised Bulgarian citizens to avoid traveling to Greece because of a planned national strike today. The Foreign Ministry..
The number of pensioners in January this year increased by 15,630 people, or 0.8%, compared to the first month of the previous year, the National Social..
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