The agreement on forming a government on a rotating basis is not a coalition between the first and the second political force, GERB leader Boyko Borisov told reporters. In his words it is responsible behavior because otherwise in June “we shall have no state”. “I call it responsible behavior by parties that are diametrically opposed, with programmes that are 100% identical, which have at the same time put their egos aside, and have come together to overcome the crisis,” Boyko Borissov said.
According to Finance Ministry data, if no state budget for the year is approved after 10 June, or if last year’s budget is not extended once more, the state will only be able to spend what it has collected. However, at the moment it is, in practice not possible to adopt a brand new budget for the year by 10 June, and the most probable hypothesis is for the MPs to vote one more extension of last year’s budget.
This means that spending will continue at the same level as during the same period of 2022, taking into account the enactments of the National Assembly, the Council of Ministers and other documents which set down additional or reduced budgetary means.
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks an upgrade from the 2% growth rate estimated in the Commission’s spring outlook. The expected GDP..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of Energy Zhecho Stankov told BNT. If necessary, the postponement of the sanctions against Lukoil can be..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took place during the 14 th Annual Forum of the EU Strategy for the Danube Region (EUSDR) held in..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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