The General Government sector reported a deficit of EUR 2.8 billion, or 4.1% of the country’s gross domestic product, preliminary data of the National Statistical Institute indicate. The deficit in Central Government amounted to EUR 3.3 billion, or 4.8% of the GDP, while Local Government reported a surplus to the tune of EUR 75 million. The Social Security Funds generated a surplus to the tune of EUR 414 million.
Meanwhile, the government debt reached EUR 17 billion, or 25.1% of the GDP - a record high since the introduction of the currency board in 1997.
Reactor No. 6 of the Kozloduy Nuclear Power Plant was reconnected to the national electricity system at 9 AM on 8 July. The reactor was disconnected on 15 June for planned preventive maintenance of the functioning of a non-nuclear transformer and a..
People in Bulgaria are well aware of the causes and the consequences of climate change, but are uninformed as to the ways to tackle it, indicate data from the latest 6 th climate survey by the European Investment Bank. The survey was..
US Ambassador to Bulgaria Kenneth Merten stated, in an interview for Trud newspaper, that Ukraine’s future was in NATO and it was a question of time when it would join. He reaffirmed that NATO was firmly committed to defending the security of all..
Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest..
The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between..
The Democrats for a Strong Bulgaria (DSB) party is proposing to its partners in the We Continue the Change-Democratic Bulgaria (PP-DB) coalition that..
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