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 Friday , the lowest temperatures will be between 18 to 25°C. In Sofia it will be 20°C. During the day it will be sunny and hot again. There will be light wind, mainly from the east. The highest temperatures will be between 36 and..
“We Continue the Change – Democratic Bulgaria”, “Alliance for Rights and Freedoms” and MECH have submitted a request to the Speaker of the National Assembly Natalia Kiselova to convene an extraordinary plenary session to consider the..
The contingent of the NATO Stabilization Force in Kosovo has been welcomed with a solemn ceremony in Blagoevgrad, BTA reports. In his welcome address, Defense Minister Atanas Zapryanov congratulated the servicemen on the successful..
According to forecasts by industry representatives, the introduction of the euro is expected to impact property prices in Bulgaria . Some predict price..
Bulgaria’s National Assembly has passed, at second reading, amendments to the Road Traffic Act. Municipal cameras and those from the national toll..
The National Assembly adopted a declaration condemning the ongoing war against Ukraine and the political repression of Vladimir Putin's regime with 112..
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