The ruling coalition will announce a package of anti-crisis measures within 2 weeks, Bulgaria’s Deputy Premier and Minister of Finance Assen Vassilev said for the BNR. In his words, Bulgaria has provided nearly EUR 2 billion to help businesses cope with soaring energy prices. Compensation for gas consumers is lower, because Bulgaria imports natural gas. Bulgaria also needs to adopt measures aimed to help people cope with fuel prices, Minister Vassilev further said.
In Assen Vassilev’s words, it is not appropriate to change the governor of the Bulgarian National Bank in times of severe crises and financial instability. The country’s fiscal reserve amounts to more than EUR 4 billion, Deputy Premier Vassilev pointed out.
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder