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.
Powerful cumulus and cumulonimbus clouds will develop overnight into Friday over Central and Eastern Bulgaria. There will be intense brief rain showers, thunderstorms and hail. It will be mostly sunny on Friday. Isolated showers are expected in the..
The killing of just over 1,000 sheep from two livestock farms in the village of Sheinovo near Kazanlak has begun due to an open outbreak of smallpox in small ruminants , BTA reported. The animal owners have filed a report with the Bulgarian Food..
Bulgaria's Minister of Labor and Social Policy Borislav Gutsanov and the Ambassador of Vietnam H.E. Nguyen Thi Minh Ngyuet discussed the possibilities of signing a new Memorandum between the two countries in the field of labor and social policy with an..
Talking to reporters, President Rumen Radev commented on the tensions in society in recent months, and the protests against the euro and the state..
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,..
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