Bulgarian MPs are discussing a third vote of no confidence in the government of Rosen Zhelyazkov, BTA reports. According to the initiators from Vazrazhdane, the cabinet has failed in its financial policy.
“The cabinet is deepening fiscal imbalances and is not taking the necessary urgent measures to restore the sustainability of public finances. This government’s budget pursues incorrectly set goals, based on false statistical data, overly optimistic macroeconomic forecasts, and unrealistic expectations for tax revenue collection,” the party’s leader, Kostadin Kostadinov, said.
He also pointed out that there was a lack of public support for the government’s intentions to cede a key part of Bulgaria’s sovereignty, destroying the 145-year-old Bulgarian lev.
Editor: Diana Tsankova
Publication in English: Alexander Markov
Photo: BTA
GERB leader Boyko Borisov has told the media that he personally participated in talks with American representatives on the lifting of the Magnitsky sanctions against Bulgarian citizens. He said that he also spoke on the subject with David Cameron while..
On Thursday minimum temperatures will range between 6 and 11° C., for Sofia around 8° C. During the day the weather will continue cloudy and rainy. The rain will be more significant in Eastern Bulgaria, and in the afternoon – in Central Bulgaria...
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the Bulgarian National Radio. The country is to receive EUR 439 million. EU may cut money for..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
+359 2 9336 661