A surplus to the tune of EUR 450 million has been registered in Bulgaria’s state budget in the first nine months of 2020. A lot of money is to be spent in the last months of 2020 for another consecutive year. The big surplus is due to capital expenditure. Therefore, it does not seem to me that there will be serious amendment to the state budget, Petar Ganev from the Institute for Market Economics commented for BNR.
Petar Ganev predicted that it is unlikely that the European Union will suspend EU funds for Bulgaria in 2021. On the opposite, more money is to be absorbed in this period in response to the coronavirus crisis, the expert contends. However, the budget deficit will be higher due to the measures adopted against the Covid-19 crisis.
On February 19th, the day when Bulgarians worldwide commemorate 152 years since the passing of the Apostle of Freedom, Vasil Levski, Bulgaria’s National Liberation Day, March 3rd, received special recognition in Beverly Hills. Mayor Lester Friedman..
An office of the association for culture, education, and tradition "Balkan Bridge" was opened in Bitola in the presence of Bulgarian Ambassador to North Macedonia Zhelyazko Radukov, Bulgarian Consul General in Bitola Nikolay Dimitrov, diplomats and..
Education must make children not only knowledgeable but also good people, said Minister of Education and Science Krasimir Valchev at a meeting with His Holiness Daniil, Patriarch of Bulgaria and Metropolitan of Sofia. "We are discussing the..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
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