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 Bulgarian government will not interfere in the scandal with the Bulgarian European Prosecutor Teodora Georgieva. Speaking to the Bulgarian National Radio in Gorna Oryahovitsa, Deputy Prime Minister Atanas Zafirov expressed hope that whatever..
At the beginning of the Iftar solemn dinner, which was held in honor of the ambassadors of Arab countries accredited in Sofia, Minister of Foreign Affairs Georg Georgiev emphasized the importance of dialogue , cooperation and shared responsibility for..
The start of the 2025 Motorcycle Season in Sofia will be given today at 11:00 am on "Knyaz Alexander I" Square. From there, the bikers will pass through key boulevards and will reach the "Boyana" residence. If necessary, traffic will..
The 30th of March is the opening day of the summer season at Burgas Airport. The coastal airport will offer tourists more flights and new destinations -..
The outrage and public discontent caused by the shocking revelations of brutal animal abuse and killings in Pernik continue . On this occasion, protests..
At the beginning of the Iftar solemn dinner, which was held in honor of the ambassadors of Arab countries accredited in Sofia, Minister of Foreign Affairs..
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