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.
On Thursday there will be significant cloudiness with rain showers. The lowest temperature will slightly rise and will be between 4° and 9°C; in Sofia - around 5°C. The highest will be between 13° and 18°C; in Sofia - around 13°C...
The upgrade of the Bulgarian supercomputer Discoverer has been completed successfully, and the machine now has new systems capable of additional specialized services in the sphere of AI in business, the science community and the public sector in the..
The first F-16 Block 70 aircraft for the Bulgarian army landed today at Graf Ignatievo air base. Before landing, it flew past the renewed multipurpose runway, renovated for the new fighter aircraft – the only runway in the country suited to..
For the first time, the Day of the Bulgarian Canning Industry will be marked on April 3. The solemn event will take place in the..
The National Assembly is to vote the motion of no confidence in the cabinet of Rosen Zhelyazkov today. MPs discuss vote of no confidence in..
Bulgarian President Rumen Radev and Jordan's King Abdullah II will be hosting a high-level meeting under the Aqaba Process initiative, focusing on security..
Overcast, rain
sunshine, cloud, rain and thunder