“A budget update will only be necessary if the pandemic situation worsens,” outgoing finance minister Kiril Ananiev stated in parliament.
The government has given 2.6 billion euro for the fight against Covid-19 in the period from the start of the crisis until 31 March, 2021. 920 million euro was spent to support households, 1.13 billion euro - for businesses, and 560 million for the people directly involved in the fight to check the pandemic.
There are fiscal reserves amounting to 4.35 billion euro, 1.8 billion of which is the money from the “silver” retirement fund. During the first quarter of 2021 the treasury had a deficit of 0.5% of the GDP. The national plan for the introduction of the euro is at an advanced stage so as to keep the 30 June, 2021 deadline for its completion, Kiril Ananiev said, and added that the indicative date for membership of the monetary union remains 1 January, 2024.
Political stability in Bulgaria continues to be crucial for the adoption of the euro in 2026, writes ING think, the analytical unit of ING bank. The analysis is titled “Monitoring Bulgaria: Euro adoption is looming, but not yet a fact,” BTA reported...
There is strict police control in the 30-kilometer border zone with Greece and Romania , announced the director of the Bulgarian Border Police Anton Zlatanov. He explained that after the country's entry into Schengen, checks are carried out on every..
The first meeting of the Diplomatic Club in Odessa was held on March 13 with the participation of diplomats and honorary consuls in the Odessa region, including Bulgarian Consul General Svetoslav Ivanov. The club was created as a platform for open..
Bulgarian citizens and road hauliers should avoid traveling to Serbia on March 15 and 16 except in cases of extreme necessity , until the protest actions..
On Saturday, after the expected overnight rainfall, morning temperatures will range between 8°C and 13°C. In Sofia, it will be around 11°C. During the..
Europe must continue to plan in a collective and coordinated manner its next steps in ensuring a just and lasting peace in Ukraine . Together with our..
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