In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker Deputy PM and Minister of Finance Lyudmila Petkova. Two weeks after fulfilling it, Bulgaria will ask for a new assessment, she added.
At a briefing, Minister Petkova presented the results of an analysis of the public revenues and expenditures for the 2022-2044 period, which indicates that expenditures outpace revenues.
Lyudmila Petkova also announced that at the Consultative Council on National Security, convened by the president, the question was raised of defence spending reaching 2.5% of the Gross Domestic Product of the country. However, she declined to comment on the working parameters of the budget for next year so as to prevent any speculation regarding the budget.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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