Bulgaria’s MPs are discussing at a second reading the draft state budget for 2022. It envisages a budget deficit of EUR 2.8 billion. According to the draft document, Bulgaria will be able to issue government bonds to the tune of EUR 3.7 billion.
The opposition GERB party is demanding that the government withdraw the draft state budget, or rename it. The proposal was made by ex-Finance Minister Kiril Ananiev, with the motive that the cabinet has already stated its intention of updating the budget in summer. In this way the bill, the discussion of which began in parliament at second reading, will not be yearly. That is why Kiril Ananiev proposed that it is re-named to “base budget” if the proposal for its withdrawal is rejected.
National Assembly President Nikola Minchev explained that the first proposal was inadmissible according to the rules of organization and procedureof the National Assembly, but that the second option, put forward by Kiril Ananiev, was not subject to a vote in parliament either.
Prime Minister Kiril Petkov and many of the cabinet ministers are attending the parliamentary debate on the draft state budget.
Shopping malls in Sofia and across the country will increase the number of security guards where needed. Additional panic buttons are also to be put in place if retailers wish, the Bulgarian Retail Association said. Groups of suspicious persons will be..
The U.S. Department of State today released the data for the refused type B visas for the financial year 2024. For Bulgaria, this percentage is 6.02%, which marks a significant decrease compared to last year, when it was 11.61%. This is the lowest..
The Bulgarian MPs gathered in plenary today for a sixth attempt to elect a President, which again proved unsuccessful. The chances of electing a Speaker of the 51st National Assembly are minimal The candidates Natalia Kiselova from..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The first marble statue discovered in the ancient city of Heraclea Sintica on 3 July, is probably of Lucius – grandson of Roman Emperor Octavian..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
+359 2 9336 661