The Bulgarian cabinet increased the allowable 2020 budget deficit to 2.9% of the gross domestic product at an extraordinary video-conference sitting. Shifting from the initially-planned balanced budget to budget deficit aims to finance the extraordinary measures taken to deal with the COVID-19 epidemic. The government debt issuance ceiling increases from EUR 1.1 billion to EUR 5 billion. Since the beginning of 2020 the country issued government bonds to the tune of EUR 400 million and a new tender for another EUR 100 million is scheduled for the beginning of April. The changes adopted by the government will be submitted to Bulgaria’s National Assembly for approval.
The MPs from the "Velechie" party proposed to the other parliamentary forces a declaration on the ethical behavior of members of parliament in the 51st National Assembly. As a reason for the proposal, ''Velichie'' pointed to the growing public..
Speaking to journalists in Parliament, GERB leader Boyko Borissov pointed out that joining the euro area is important for Bulgaria. He said that he welcomes any support in this direction from We Continue the Change-Democratic Bulgaria, Movement for..
Bulgarian authors and cultural figures are representing our country at the Leipzig Book Fair 2025. Among them is poet, writer, composer and musician Emanuil Vidinski, who will participate today in the discussion "Between Germany and Bulgaria",..
Thursday will be mostly cloudy with rain and east-northeasterly winds , increasing in the Danube plain and the Upper Thracian lowlands. Minimum..
On the initiative of Bulgarian President Rumen Radev, Rheinmetall CEO Armin Papperger is visiting Bulgaria to look for cooperation projects with the..
Starting from 9 am today, traffic on the Danube Bridge at the border with Romania will be suspended. This is required due to technological..
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Occasional showers