In case of exceptional circumstances, the budget deficit may exceed the threshold set at 3% of the GDP,a draft of Bulgaria’s Ministry of Finance reads, investor.bg informs. The global Covid-19 pandemic and economic stagnation put the fiscal frameworks of a large number of countries, including Bulgaria, to a severe test, the motifs of the Finance Ministry read.
According to the proposal, the expenditures made with EU financing, including the national co-financing, should not be included in the budget deficit. The proposal also reads that unspent funds can be used to implement other priority policies.
In mid-September, the traditionally great Christian feast of the Holy Cross (September 14) marks the beginning of one of the most anticipated agricultural processes – the grape harvest campaign. 2025 is no exception, but due to a number of factors, the..
Bulgaria's Ministry of Finance placed 7-year government securities on the domestic market for 300 million leva. (144 million euros) and an interest rate of 3.25%. The submitted purchase orders amounted to 446 million leva with a coverage ratio of 1.49...
In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute. Monthly inflation in August dropped to 0.1%, compared to 1.7% in July. Inflation measured from..
Bulgaria's Ministry of Finance placed 7-year government securities on the domestic market for 300 million leva. (144 million euros) and an interest rate..
In mid-September, the traditionally great Christian feast of the Holy Cross (September 14) marks the beginning of one of the most anticipated agricultural..
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