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.
As of next year, use of solid fuels for domestic heating in buildings which are part of central heating and gas supply networks will be banned in nine Sofia regions, Deputy Mayor of Sofia Nadezhda Bobcheva announced at the opening of a round table..
“ There will only be negotiations among party leaders if they are for the formation of a ruling majority and a regular government,” GERB party declared at a briefing after a meeting of GERB’s executive commission, in regard to a possible meeting..
For the 13th consecutive year, homeless people in the town of Ruse will receive a free hot meal during the winter months. The social kitchen of the Bulgarian Red Cross opens its doors again in the biggest Bulgarian city on the Danube River. It has a..
The flu season is expected to peak at the end of December and the beginning of January. In an interview with BNT, general practitioner Dr. Gergana..
After the meeting with his Vietnamese counterpart Luong Cuong in Hanoi, President Rumen Radev emphasized that Bulgaria will continue to support efforts..
As of next year, use of solid fuels for domestic heating in buildings which are part of central heating and gas supply networks will be banned in nine..
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