We are appealing to Bulgaria’s National Assembly to form a Committee on Budget and Finance and to amend the state budget, said this country’s caretaker Minister of Finance Assen Vassilev in Parliament.
He reported on the implementation of the state budget for the first 6 months of 2021. All opportunities for restructuring the state budget have been exhausted. The state will be able to pay for the current expenses until October. "No debts have been incurred by the state because it has enough money. However, the Parliament needs to give us the permission to spend more", said Minister Vassilev.
"The revenues for the first half of the year amount to EUR 12.6 billion, which is EUR 1.7 billion more than the revenues collected during the same period in 2020", added Assen Vassilev.
The main challenge facing Bulgaria’s armed forces is how to translate political will and allocated resources into effective defence capabilities, President Rumen Radev said on Tuesday during a meeting with Admiral Giuseppe Cavo Dragone, Chairman of the..
Bulgaria’s government and representatives of the defence industry signed a memorandum aimed at improving cooperation and strengthening communication between the sector and the executive branch. Defence Minister Atanas Zapryanov said the goal was..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities. Organisers of the protests have said that rallies will be held simultaneously at 18:30 local time..
Starting this autumn, the Ministry of Labor and Social Policy will launch a program aimed at attracting Bulgarians from abroad. More than EUR 33..
“Entering the Eurozone does not present any risk to Bulgaria. Adopting the Euro can only serve as a powerful accelerator for our economic growth,”..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
+359 2 9336 661