The 2023 state budget does not tighten belts and does not cut social costs, Bulgaria’s Minister of Finance Assen Vassilev said for the BNR. We manage to collect taxes and maintain social spending without raising taxes. We inherited from the caretaker cabinet a deficit of EUR 600 million at the end of May, and in June there is a surplus of EUR 100 million, Assen Vassilev explained.
The targeted GDP growth of 1.8% will be achieved. There are no concerns that the budget deficit will exceed 3%. "The budget framework is going to withstand unless a second Chernobyl happens at the Zaporizhzhia NPP. Any requests for wage increases lead to new demands. Money should not be poured into unreformed sectors. If MPs support pay rises in some sectors, that is their decision”, Minister Vassilev added.
MPs from GERB-SDS have submitted a request to the Constitutional Court for interpretation of provisions of the country's basic law, BTA reported. The MPs want clarity whether when the mandate of the members of the Supreme Judicial..
The increase in the price of natural gas in December is nearly 11 percent, which means up to nearly 39 euros per megawatt-hour, excluding taxes. This was what representatives of Bulgargaz said during the public discussion of..
There are no candidates for the position of chair of the Supreme Administrative Court (SAC) , BTA has reported. The plenum of the Supreme Judicial Council held a meeting in an attempt to elect head of the institution. The procedure..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
At the opening of a business forum in Ho Chi Minh City during his official visit to Vietnam, Bulgarian President Rumen Radev pointed out that Bulgaria..
Partly Cloudy
Mostly Cloudy
Cloudy