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.
GERB/SDS has withdrawn its nomination for president of the National Assembly. In the upcoming 8 th attempt to elect a president of parliament, there will be 3 candidates. Vazrazhdane is once again nominating Petar Petrov. There Is Such a People (ITN)..
Two very important procedures depend on the election of president of parliament. Talking to reporters, Vice President Iliana Iotova said that if a president of the National Assembly is elected, then a national budget can be submitted and the president..
In Zhelyo Voivoda village, a flock of sheep infected with smallpox will be euthanized after laboratory tests confirmed that the animals are indeed infected. BNR’s correspondent in Sliven reports, citing the local administration, that the animals..
Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this..
"After today's vote for Speaker of the National Assembly, ''We Continue the Change'' (PP) demanded the resignations of Daniel Lorer and Yavor..
On Friday, cloudy weather will prevail over the country. The wind will be oriented from the northwest, will strengthen and in the Danube Plain its speed..
+359 2 9336 661