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.
The head of state commented on the report adopted by the European Parliament’s Foreign Affairs Committee this week on Skopje’s progress in the European integration process. He also sent a letter to the leaders of the European institutions and..
Generation Z is facing serious difficulties coping with stress, according to results from cadet exams at the Vasil Levski National Military University in Veliko Tarnovo, reported by BNR correspondent Zdravka Maslyankova. While until recently..
On 29 June, the Bulgarian Orthodox Church ‘St. George the Victorious’ in Orlando, Florida, will celebrate the Day of the Holy First Apostles Peter and Paul with a festive liturgy. The Orlando church community is part of the Bulgarian Eastern..
The head of state commented on the report adopted by the European Parliament’s Foreign Affairs Committee this week on Skopje’s progress in the European..
Cool air will sweep across the country during the night , accompanied by moderate winds from the northwest. Short-lived rain showers and thunderstorms are..
Generation Z is facing serious difficulties coping with stress, according to results from cadet exams at the Vasil Levski National Military University in..
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