In an official letter, BNR Director General Andon Baltakov has called on parliament to change the text of the State Budget Act, allowing the government to cut funding for public radio. The budget of the Bulgarian National Radio for the current year has been reduced by about half a million euros with the last decree of the outgoing cabinet. Andon Baltakov points out that reduced financing can lead to reducing the operating costs of the radio and jeopardizing the implementation of its public mission. "Compensating for reduced financing could lead to job cuts or the inability of the BNR to service the rising costs of broadcasting, copyright and related rights," he wrote in the letter that was sent to lawmakers, the President, the Council of Ministers and the EC Representation in Bulgaria.
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions, said MP Toma Bikov on behalf of the GERB-SDS parliamentary group after Bulgaria's accession to the..
An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...
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