Bulgaria’s MPs are discussing at a second reading the draft state budget for 2022. It envisages a budget deficit of EUR 2.8 billion. According to the draft document, Bulgaria will be able to issue government bonds to the tune of EUR 3.7 billion.
The opposition GERB party is demanding that the government withdraw the draft state budget, or rename it. The proposal was made by ex-Finance Minister Kiril Ananiev, with the motive that the cabinet has already stated its intention of updating the budget in summer. In this way the bill, the discussion of which began in parliament at second reading, will not be yearly. That is why Kiril Ananiev proposed that it is re-named to “base budget” if the proposal for its withdrawal is rejected.
National Assembly President Nikola Minchev explained that the first proposal was inadmissible according to the rules of organization and procedureof the National Assembly, but that the second option, put forward by Kiril Ananiev, was not subject to a vote in parliament either.
Prime Minister Kiril Petkov and many of the cabinet ministers are attending the parliamentary debate on the draft state budget.
520 students from the Bulgarian community in Ukraine have been admitted as freshmen to higher education institutions in Bulgaria for this academic year. Another 34 people have enrolled in master's degree programs and 8 people have been accepted in..
With a rating of 5.9, Bulgarians are the most dissatisfied people in the EU, according to data from a Eurostat survey for 2023. In the survey, people in the EU rated their overall life satisfaction on a scale from 0 (very dissatisfied) to 10 (very..
The Japanese company "Tri-Wall Bulgaria" is among the newest investors in the Trakia Economic Zone. Representatives of the company officially announced their investment during a visit by caretaker Minister of Innovation and Growth Rosen..
Bulgaria is the 21 st safest country out of 38 countries in Europe, ranking between Poland and Spain. This country gets 1.643 points measured by..
State-owed natural gas supplier Bulgargaz has hired a legal councillor to defend the interests of the Bulgarian gas company in connection with the..
Sofia is hosting the biggest motor show in Europe this year, Alexander Kostadinov, Chairman of the Board of the Association of Car Manufacturers told..
+359 2 9336 661