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.
A new poll by the sociological agency Alpha Research indicates a continued decline in public support for Bulgaria’s ruling coalition . Positive assessments have dropped from 39% in January to just 26% in July, while negative opinions have risen from 29%..
On Thursday, the lowest temperatures will range from 14°C to 22°C, for Sofia 14°C. A cold atmospheric front will pass through the country during the day, bringing short-term showers, thunderstorms and hail in many places. The northwesterly wind..
Bulgaria has agreed to provide financing for the construction of units 7 and 8 of the Kozloduy NPP, the Ministry of Energy announced. A delegation led by Energy Minister Zhecho Stankov held final talks with Citibank management in New York. Units..
The Sofia Appellate Court has left Varna Mayor Blagomir Kotsev and the two municipal councilors Nikolay Stefanov and Yordan Kateliev in custody...
''Bulgaria is a leading European producer of black caviar and competes successfully with traditional leaders France and Italy'', said Emil Arabadjiev,..
Talking to reporters, President Rumen Radev commented on the tensions in society in recent months, and the protests against the euro and the state..
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