If the budget update was not approved, the cost of servicing government debt would become higher, Deputy Prime Minister and Minister of Finance Assen Vassilev pointed out and added that the changes in the budget envisage the limit of new government debt this year to rise by 1.5 billion euros to 5 billion and 150 million euros.
According to Vassilev, the hike will be used to repay next year's debt, with the difference likely to be almost 1 percentage point. This is a significant expense for the budget, which can be avoided if the debt was issued this year, Vassilev said.
Car Speed Show 2025 will take place on September 27 and 28 at Arena 8888 in Sofia. The automotive and lifestyle exhibition will bring together sports, luxury and collector cars, motorcycles and yachts, innovative products for the automotive industry,..
On Saturday, the minimum temperatures in Bulgaria will be from 8 to 13C, in Sofia – 10C. During the day, cloudy weather will prevail. Rain is expected in the southwestern regions. A moderate wind will blow from the east-northeast. Maximum..
In economic terms, Bulgaria is highly dependent on carbon-intensive production and is particularly vulnerable to the risk of these productions being shifted to countries with weaker environmental standards, with the corresponding loss of jobs and a..
In economic terms, Bulgaria is highly dependent on carbon-intensive production and is particularly vulnerable to the risk of these productions being..
On Saturday, the minimum temperatures in Bulgaria will be from 8 to 13C, in Sofia – 10C. During the day, cloudy weather will prevail. Rain is expected..
Currently, out of nearly 8,000 children deprived of parental care, just 850 have permission for full adoption. This was announced by Deputy Minister of..
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