Bulgaria’s President Rumen Radev described the 2021 state budget as “inadequate to the reality and the challenges the country will face”, our reporter Mira Stefanova informs. In President Radev’s view, the revenues set in next year’s budget have nowhere to come from and social expenditures will be suspended.
The next cabinet will be placed in an extremely unfavorable situation- a depleted treasury, bankrupt households and businesses, lack of revenues, zero reforms and, most likely, social tensions.
In response, Deputy Premier Tomislav Donchev said that a new measure is support of the business to the tune of EUR 87 million will be announced on Monday.
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim Burgas . Yesterday, the Financial Times, citing its own sources, reported that Russian energy giant..
Bulgarian politicians took to social media to congratulate Donald Trump on his election as President of the United States. President Rumen Radev was among the first Bulgarian leaders to tweet congratulations to Donald Trump on his election..
Metallurgy, heavy and mining industry are an irrevocable part of the full-fledged economic development of Europe. This was stated by Bulgarian President Rumen Radev at the solemn celebration of the Metallurgist's Day in Sofia, which was held under the..
For the first time in recent election history, the end election result leaves a party running in the election outside the National Assembly with a..
The European Parliament has approved the nomination of Bulgarian Ekaterina Zaharieva as European Commissioner. She will be in charge of the 'Start-ups,..
A meeting of the interior ministers of Bulgaria, Romania and Austria in Budapest could lead to a change in Austria's stance on the two countries joining..
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