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.
A cold front will pass through the country overnight and tomorrow from the northwest . Rain will fall in many places in the western regions and the Danube Plain, and will quickly turn to snow in the high fields of western Bulgaria and the Balkan Range...
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According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
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The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
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