The country's financial situation and preparations for this year's budget were discussed at today's meeting of the Joint Governance Council. Speaking at a briefing after the meeting, Prime Minister Rosen Zhelyazkov said that the government would not increase the social security burden and change taxes when preparing the budget for 2025. The budget will meet the legal requirements - spending up to 40% of GDP and a budget deficit not exceeding 3%.
However, he did not specify what spending restrictions would be imposed to maintain the 3% deficit. The exchange rate of the Bulgarian lev to the euro is fixed and will not change, Zhelyazkov assured.
In another development, Prime Minister Rosen Zhelyazkov has dismissed Lyudmila Petkova as deputy finance minister. She headed the Finance Ministry in two caretaker cabinets before her brief stint as deputy minister in Zhelyazkov's cabinet. Petkova was acting finance minister when reports emerged of a 19 billion leva shortfall in the state treasury.
On Saturday minimum temperatures will range between 10° C. and 19° C., for Sofia 10° C. During the day there will be sun with cumulus clouds after midday, and rain and thunder in some parts of the mountain regions of Southern Bulgaria. There will..
A Bulgarian delegation led by Energy Minister Zhecho Stankov held a series of meetings with representatives of the US State Department and the Department of Energy in Washington . The discussions centred on strengthening the strategic partnership..
At a meeting in Brussels between officials from the transport ministries of Bulgaria and North Macedonia, the two countries confirmed their commitment to finalizing the missing railway sections of Corridor 8, the Ministry of Transport has announced...
Bulgaria's parliament has approved new regulations for electric scooters, introducing mandatory registration and civil liability insurance under..
Last night, thousands of people gathered in front of the Palace of Justice in Sofia to protest, demanding an independent judiciary and expressing support..
An Armenian delegation led by the Minister of High-Tech Industry Mkhitar Hayrapetyan is on a two-day visit to Bulgaria for the 9th session of the..
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