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.
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...
The National Assembly has elected Velislava Delcheva as Ombudsman. Delcheva, whose nomination was put forward by GERB/SDS, was elected out of 6 nominations with 123 votes “in favour”, 92 “against”, 5 MPs abstained. Delcheva was sworn in at the..
Talking to reporters, President Rumen Radev commented on the tensions in society in recent months, and the protests against the euro and the state of the justice system in the country. "Alpha Research": Ruling Coalition Losing Ground..
The last battle of the legendary Bulgarian voivode Hadji Dimitar and his men against the Ottoman troops in 1868 will be reenacted for the 11 th time,..
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