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.
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA. Until now, the IDF had denied responsibility for the March 19 strike in Deir al-Balah that killed..
On Friday, the lowest temperatures will be between 6 and 11°C. In Sofia it will be around 8°C. In the morning hours visibility will be reduced in the plains. Before noon in most of the country it will be sunny. In the afternoon,..
At a meeting with acting Prosecutor General Borislav Sarafov, relatives of those killed in accidents once again demanded a faster trial and harsher punishments for those convicted. Parents from the “Angels on the Road”..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
Bulgaria’s Ambassador to the United States Georgi Panayotov has requested an early end to his term, the Ministry of Foreign Affairs announced. The..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA...
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