Minister of Finance Kiril Ananiev described the budget for 2021 as “anti-pandemic”.
“It has clear priorities targeted most of all at measures for overcoming the consequences of the crisis,” he said for BNR’s Horizont channel, adding that over 3 billion Leva had been earmarked for the purpose, of which 576 million for businesses.
“We have decided structural elements, the budget is balanced between the Covid-measures and the need to reform the individual systems,” Minister Ananiev said.
He explained that until December this year, the financing of the budgets of all ministries and institutions will be 95%, with a 5% buffer which will be used in the event of “force majeure” in the healthcare system.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the..
The euro area annual inflation rate was 2.5% in January 2025, up from 2.4% in December 2024. In Bulgaria, it accelerated more sharply in January to 3.8%..
89% of German investors in Bulgaria would choose Bulgaria again for their investments . This is indicated by a study by the German-Bulgarian Chamber of..
+359 2 9336 661