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.
Medical University Sofia has been ranked as the best university in Bulgaria according to the 2025–2026 Best Global Universities ranking by U.S. News & World Report. With a global score of 38.1, Medical University Sofia is ranked No 1144. The..
The State Agency for Refugees is supporting a joint initiative by the Ministry of Health, the World Health Organization (WHO) and the Bulgarian Red Cross to screen asylum seekers in the country for tuberculosis . This was announced by the Agency's..
A Moroccan national was shot while illegally crossing the Bulgarian-Turkish border near the village of Zvezdets, Chief Commissioner Anton Zlatanov, Director of the Border Police, announced. Around 9 p.m. on July 24, a border patrol..
A Moroccan national was shot while illegally crossing the Bulgarian-Turkish border near the village of Zvezdets, Chief Commissioner Anton Zlatanov,..
Bulgarian students won four bronze medals and one honorable mention at the 2025 International Physics Olympiad held in Paris, the Ministry of..
Medical University Sofia has been ranked as the best university in Bulgaria according to the 2025–2026 Best Global Universities ranking by U.S. News..
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