The Bulgarian National Assembly has amended the 2019 state budget and increased the budget of the Ministry of Defense with EUR 1.07 billion. The amendment of the state budget aims to provide financing for the purchase of 8 new multi-role fighter jets for the Bulgarian armed forces. The previously planned spending to the tune of EUR 139 million for other projects related to the modernization of the Bulgarian army will not be made this year, the Bulgarian MPs further decided. The state budget deficit in 2019 will increase to EUR 1.139 billion.
Bulgaria will not be able to meet all the criteria for joining the euro area by the time the convergence report is published in June , Bulgarian National Bank (BNB) governor Dimitar Radev said at a conference on euro adoption in Sofia. "The main..
I proposed that the pensions update from July 1, 2024 be set at 11% and the Supervisory Board of the National Social Insurance Institute voted in favour of my proposal, caretaker Minister of Labor and Social Policy Ivaylo Ivanov said. He noted that..
Washington has called on Skopje to make continuous efforts and reforms to achieve progress in joining the EU. "We encourage the continuation of dialogue between North Macedonia and Bulgaria, which is rooted in a shared commitment to the country's..
The 16th edition of the Specialized Agricultural Exhibition BATA AGRO will be opened today in the presence of Bulgaria's Minister of Agriculture..
Monday will remain mostly cloudy. Rain will still fall in eastern Bulgaria before noon. In the afternoon there will be showers in places in western..
The number of visits by foreign nationals to Bulgaria increased by 16.0% in 2023 , with visits from Turkey and Romania contributing the most. T..
+359 2 9336 661