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.
A new poll by the sociological agency Alpha Research indicates a continued decline in public support for Bulgaria’s ruling coalition . Positive assessments have dropped from 39% in January to just 26% in July, while negative opinions have risen from 29%..
On Thursday, the lowest temperatures will range from 14°C to 22°C, for Sofia 14°C. A cold atmospheric front will pass through the country during the day, bringing short-term showers, thunderstorms and hail in many places. The northwesterly wind..
Bulgaria has agreed to provide financing for the construction of units 7 and 8 of the Kozloduy NPP, the Ministry of Energy announced. A delegation led by Energy Minister Zhecho Stankov held final talks with Citibank management in New York. Units..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
On Wednesday, the Council of Ministers adopted the Programme for the Support of Bulgarian Communities, Organisations and Media Abroad for 2025...
Bulgaria's parliament has approved new regulations for electric scooters, introducing mandatory registration and civil liability insurance under..
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