Minister of Finance Kiril Ananiev described the budget for 2021 as “anti-pandemic”.
“It has clear priorities targeted most of all at measures for overcoming the consequences of the crisis,” he said for BNR’s Horizont channel, adding that over 3 billion Leva had been earmarked for the purpose, of which 576 million for businesses.
“We have decided structural elements, the budget is balanced between the Covid-measures and the need to reform the individual systems,” Minister Ananiev said.
He explained that until December this year, the financing of the budgets of all ministries and institutions will be 95%, with a 5% buffer which will be used in the event of “force majeure” in the healthcare system.
There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...
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