The Bulgarian Finance Ministry has reported that the balance on the consolidated fiscal program for 2016 is positive and to the tune of close to 1.5 billion leva /about 750 billion euro/. The amount corresponds to about 1.6% of the prognosticated GDP of the country. The previous year saw a deficit to the tune of 2.8% of GDP meaning that compared to the same period of 2015 the budget’s position has improved by 4.4 percentage points.The year 2016 has been the first fiscal year since 2008 to see a surplus of the consolidated fiscal program.
“Investing in people, education, innovations and technologies is the key to success in the future,” said President Rumen Radev at the opening of the business forum in Singapore, in which representatives of companies from Bulgaria and Singapore are..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she said she was optimistic about Austria’s decision. Asked what the arguments are for blocking the..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th National Assembly, to be declared unconstitutional. These amendments concern the lifting of the..
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would..
Overnight it will be mostly clear. Winds will weaken and die down in many areas. In the morning it will be cold, with minimum temperatures between minus..
The planned annual maintenance of Unit 6 of Bulgaria's only NPP, Kozloduy, has been completed. The unit was connected to the national grid at 10:07..
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