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.
Balchik is hosting the international regatta Ultramarine Balchik Match Race from the calendar of the European Match Race Tour (EMRT), BTA has reported. The race will be held from June 26 to 29. Teams from Bulgaria, Poland,..
On Thursday it will be sunny and hot again. There will be light wind from the north-northwest. The highest temperatures will be between 36° and 41°C; in Sofia - around 36°C. In the mountains it will be mostly sunny. The wind..
Prime Minister Rosen Zhelyazkov led the Bulgarian delegation at the recently concluded NATO Summit in The Hague. Speaking to journalists, he stated that an agreement had been reached — with Bulgaria’s support — for each allied country to raise its..
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..
A seven-person jury selected the winners of the BNR essay contest for students from Ukraine and Moldova . The contest was held under the patronage of..
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