After a meeting with the president, We Continue the Change party stated the caretaker cabinet must submit a draft budget for 2023 to the National Assembly.
The deadline for submitting a budget for next year is today, 31 October. At an extraordinary meeting of the National Council for Tripartite Cooperation, Finance Minister in the caretaker government Rositza Velkova stated that the budget is the country’s financial plan and the government programme of the majority which has not yet been formed. In her words, there has never been a caretaker government under which a state budget has been adopted. At the Council meeting, the cabinet proposed, to the social partners and the employers, a bill on extending the implementation of the old, 2022 budget until a new, regular government is formed.
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
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