Bulgaria’s cabinet has adopted the framework of the 2022 state budget, Premier Kiril Petkov and this country’s Minister of Energy Alexander Nikolov announced at a joint briefing after the extraordinary sitting of the government. In Premier Kiril Petkov’s words, the 2022 state budget is a budget of economic growth. Investments by the state will increase from 2.1% of the GDP to 5.8% of the GDP. The budget deficit including the Covid-19 measures will amount to 4.1% of the GDP.
Kindergartens will be free-of-charge as of April, Premier Petkov promised. No pensioners will be living under the poverty line, Kiril Petkov further said. All measures aimed at providing financial assistance to businesses, including the 60:40 wage support scheme, will continue in the next 6 months. The policies aimed to shield companies against high electricity prices will continue as well. “The new budget focuses on capital investment and human capital. It will make sure no one is left under the poverty line”, Premier Petkov summarized. The new budget has to be voted in Parliament.
On Sunday a cold atmospheric front will pass through the country. In the morning, the cloudiness will begin to increase rapidly from the west and rainfalls will start. Later in the day there will also be precipitation in the..
The 50th National Assembly ended in a way that is very offensive to us, the Bulgarian citizens, Vice President Iliana Iotova said in Madzharovo, where the Day of Thracian Memory took place at the memorial complex with an ossuary..
The Speaker of the National Assembly, Raya Nazaryan, would convene an extraordinary session if one-fifth of the MPs proposed specific topics and points of discussion. In Kyustendil, where she is a guest of the Fertility..
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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