The General Government sector reported a deficit of EUR 2.8 billion, or 4.1% of the country’s gross domestic product, preliminary data of the National Statistical Institute indicate. The deficit in Central Government amounted to EUR 3.3 billion, or 4.8% of the GDP, while Local Government reported a surplus to the tune of EUR 75 million. The Social Security Funds generated a surplus to the tune of EUR 414 million.
Meanwhile, the government debt reached EUR 17 billion, or 25.1% of the GDP - a record high since the introduction of the currency board in 1997.
Vice President Iliana Iotova is visiting Taraclia, Moldova, on September 19-20. Today, she is an official guest at a ceremony to award the winners of the essay contest organized by the Bulgarian National Radio for schoolchildren..
The prosecutor's office in Germany has filed charges against Ruja Ignatova, the head of the office in Bielefeld, Carsten Novak, said. The woman, who has Bulgarian and German citizenship, is suspected of having created a pyramid scheme..
A festive cocktail on the occasion of Bulgaria's Independence Day will be held at the Consulate General of Bulgaria in New York on September 22 at 6:30 p.m. local time. Chargé d'Affaires, Stefka Yovcheva, and the Consul General..
Regarding a video published on YouTube, the management of VMZ-Sopot - the largest state-owned military enterprise in Bulgaria, say that..
The vote on the fifth motion of no confidence against Prime Minister Rosen Zhelyazkov's government will take place on Thursday, September 18, at 4:45..
On Thursday, the lowest temperatures will be between 8 and 13°C; in Sofia – about 8°C. During the day, there will be variable..
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