Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev presented the 2022 draft state budget. He called it a budget of economic growth, which invests in people, projects and infrastructure. The projected revenues exceed EUR 29 billion and costs are projected at more than EUR 32.2 billion.
The country’s GDP is expected to increase with 4.8% and the budget deficit is set to increase with 4.1%. Bulgaria will borrow new loans to the tune of EUR 3.5 billion. EUR 1.5 billion will be used to refinance old debts.
As of April 1, the minimum monthly salary will increase from EUR 323 to EUR 363. Pensions will increase with 6.1% from July 1. VAT remains unchanged at 20%, Minister Vassilev said. The state budget will be amended in July.
On Tuesday, the lowest temperatures will range from 10 °C to 15°C, around 11°C in Sofia. In the morning hours, there will be low clouds or reduced visibility in some lowland areas and around water bodies. It will be sunny during the day. There will..
Bulgarian Defence Minister Atanas Zapryanov met his Albanian counterpart Pirro Vengu in Tirana on Monday in his first official visit to Albania, the Albanian Defence Ministry said. The two ministers highlighted strong defence and security ties..
On September 15, 2025, the Ambassador of the Russian Federation to Sofia, Eleonora Mitrofanova, was summoned to the Ministry of Foreign Affairs of Bulgaria in connection with the deliberate violation of Polish airspace by Russian military drones on..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
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