Bulgaria is beginning the year, 2022, without a budget, voted by parliament, which is unprecedented in the country’s most modern history.
According to estimated data, by the end of December 2021, the budget was "in the red" by 4 billion Leva (a little over EUR 2 billion), or 3% of the GDP. Until a new financial framework is voted, the most important state payments will take place according to the texts of the budget for 2021. The rule is that if a budget is not voted for the year, then every month the country can spend 1/12th of the budget of the previous year. This means that the minimum monthly salary will be frozen at 650 Leva (EUR 332). However, the poverty line is changed to 413 Leva (EUR 211) a month, or 44 Leva (EUR 22) more than in 2021.
The cabinet stated its intention to have the new financial framework ready by the end of February, but a bill has been submitted to parliament, according to which the effect of the budget for 2021 is extended until the end of March.
400 foreign citizens who have been granted temporary protection status in Bulgaria will study at Bulgarian state universities in the new 2024/2025 academic year. The number of students was approved by a government decision. The students will be..
At the launch of the election campaign for the upcoming extraordinary parliamentary elections on October 27, caretaker Prime Minister Dimitar Glavchev reported that the efforts of the executive power to eliminate distortion of the..
The changes to the Recovery and Resilience Plan must be sent no later than October 20, so that the European Commission can accept them and Bulgaria does not lose funds. This was stated at a briefing by the caretaker Minister of..
For the first time in 38 years the population of Bulgaria has practically stopped its downward trend. In 2023 the decline is by a mere 0.3%, or just..
Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with..
Renowned Bulgarian pianist Marta Deyanova has died in London at the age of 77, her son Martin wrote on Facebook. Marta Deyanova graduated from the..
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