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.
Bulgaria’s Deputy Premier and Minister of Transport and Communications Grozdan Karadzhov met with North Macedonia’s Deputy Prime Minister and Minister of Transport Aleksandar Nikoloski at the Global Transport Connectivity Forum 2025 in Istanbul , the..
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Another protest against the adoption of the euro took place in Sofia and other cities in Bulgaria on June 28. The protest in the capital Sofia blocked traffic in the so-called "triangle of power". The demonstration was organized by the Citizens'..
One million vehicles have passed through the Greek Promachonas checkpoint on the border with Bulgaria (opposite Kulata) since the beginning of the year,..
EU Commissioner for Home Affairs and Migration Magnus Brunner, together with Bulgarian Interior Minister Daniel Mitov and Greek Deputy Minister for..
A segment of a global money laundering network operating through financial fraud has been dismantled, the Sofia District Prosecutor's Office and the..
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