With 13 votes in favor, 6 against and one abstention, the Parliamentary Budget Committee adopted at first reading the Budget 2020 update, which is designed to absorb the shock to the economy caused by Covid-19. The bill envisages raising the limit for new debt from 1.1 billion euros to over 5 billion euros.
GDP is expected to decline by 3% this year. According to government estimates, unemployment rate is expected to rise by about 2% in comparison to 2019 to the level of 6.2%. Export of goods and services will fall by more than 16% overall, with export of services that includes tourism and transport dropping nearly 26%.
Boyko Boris s ov, leader of the GERB-SDS coalition that won the parliamentary elections on October 27, announced he is withdrawing his candidacy for prime minister. At a briefing at the party headquarters he urged the PP-DB to..
Borislav Sarafov meets all the requirements and has the qualities to be elected Prosecutor General. This position was taken by the committees on attestation and competitions and on professional ethics at the Prosecutors College of the..
The first marble statue discovered in the ancient city of Heraclea Sintica on 3 July, is probably of Lucius – grandson of Roman Emperor Octavian Augustus, announced Prof. Lyudmil Vagalinski who is in charge of the excavations...
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
At the opening of a business forum in Ho Chi Minh City during his official visit to Vietnam, Bulgarian President Rumen Radev pointed out that Bulgaria..
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