The National Assembly has finally adopted the state budget after a 21-hour-long parliamentary sitting, which ended today at 5:41 a.m. The budget has been prepared on the basis of macroeconomic indicators of 1.8% economic growth and 8.7% average annual inflation. Yesterday, however, the Bulgarian National Bank lowered its forecast for GDP growth to 1%.
"The budget is within the initially set parameters - with a 3% deficit, with a serious capital program, with a redistribution of part of the capital expenses to additional payment in the amount of about 150 million EUR," Minister of Finance Assen Vassilev said. According to him, the fiscal measures have largely been preserved in order to collect the revenues.
The salaries of employees in companies with a staff of over one hundred people are now required to be transferred by bank, the MPs have decided.
The Ministry of the Interior, the State Agency for National Security, the National Social Security Institute and other ministries and departments will receive funds for raising the salaries of their employees. Additional funds have also been provided for the BNR – about 750,000 euro more than what was previously proposed by the Ministry of Finance.
September 17 is the holiday of the city of Sofia and a day on which we honor the Holy Martyrs Faith, Hope, Love and their mother Sophia. The city got its name from the Basilica of St. Sophia located in the center of the capital city, which is among the..
The Bulgarian National Assembly will hold debates today on the fifth vote of no confidence against the government of Rosen Zhelyazkov. The vote itself is expected to take place on Thursday. PP-DB tables another no-confidence vote against Rosen..
On Wednesday, the minimum temperatures in Bulgaria will be from 11 to 16°C, in Sofia - 14°C . A cold atmospheric front will pass through the country, with cloudiness being more often significant. From the northwest to the southeast, it will rain in..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
On Tuesday, the lowest temperatures will range from 10 °C to 15°C, around 11°C in Sofia. In the morning hours, there will be low clouds or reduced..
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