“We are worried by what is happening in Bulgaria’s finances, and especially the management of the fiscal reserve, as well as the state the Silver Fund is in and how secure it is,” said Rumen Gechev from the Bulgarian Socialist Party (BSP) in parliament. In his words, the information disclosed by Finance Minister Rositza Velkova indicates that a total of around EUR 2 billion from the fiscal reserve was spent in the months of March and April. “We have the suspicion it was not spent as allocated,” Rumen Gechev said, and added that there is a sensitive component of the fiscal reserve – the Silver Fund, which guarantees the stability of the state pensioning system Rumen Gechev added that the BSP wants an official answer, from the minister of finance, to the question what this money was spent on.
The money from the Silver Fund and for the European projects is there, in the fiscal reserve, the Ministry of Finance stated in response. Publicly available data is attached to the ministry’s statement regarding the state the fiscal reserve is in and the balance in the so-called “single account” at the Bulgarian National Bank.
A business forum entitled "Strengthening economic ties between Bulgaria, Turkiye and Romania" will be taking place today at the International Congress Center in Burgas . The main goal of the event is to stimulate trade and economic relations..
On Friday the weather in Bulgaria will be mostly sunny. There will be more significant cloudiness over Northwestern Bulgaria and there will be short-term rain in places in the afternoon. There will be a moderate wind, in the regions north of the..
Bulgaria's Constitutional Court has declared the election of 16 MPs in the current Bulgarian Parliament illegal . The decision was published on the institution's website. The Constitutional Court's decision makes it clear that after the..
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Bulgarian citizens and road hauliers should avoid traveling to Serbia on March 15 and 16 except in cases of extreme necessity , until the protest actions..
In response to the tragedy in North Macedonia, where more than 50 people lost their lives in a fire at a nightclub in the town of Kočani, Foreign..
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