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.
A male black vulture, released as part of the reintroduction of the species, has managed to find a life partner, who probably comes from the black vulture colony in Dadia National Park in Greece. The new pair was spotted in the..
The facilities in Bulgarian winter resorts are working, the conditions for skiing and tourism in the mountains are good. The Mountain Rescue Service of the Bulgarian Red Cross reported to BTA that the current weather conditions may..
The submission of the budget has been postponed by a week due to Bulgaria's commitment to prepare a structural and fiscal plan, BTA has reported. On the sidelines of parliament, Minister of Finance Temenuzhka Petkova explained that..
Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices...
Bulgaria's Minister of Foreign Affairs, Georg Georgiev, participated in a working breakfast dedicated to addressing illegal migration and its..
Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting..
+359 2 9336 661