If the budget update was not approved, the cost of servicing government debt would become higher, Deputy Prime Minister and Minister of Finance Assen Vassilev pointed out and added that the changes in the budget envisage the limit of new government debt this year to rise by 1.5 billion euros to 5 billion and 150 million euros.
According to Vassilev, the hike will be used to repay next year's debt, with the difference likely to be almost 1 percentage point. This is a significant expense for the budget, which can be avoided if the debt was issued this year, Vassilev said.
As of 1 December until the end of February, driving an old car in the centre of Sofia will be subject to a EUR 25-100 fine. The fines for legal entities will be 10 times higher – from EUR 500 to EUR 1,000. The low emission zone was put in place..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for coordinating the budget, Ivaylo Mirchev from Democratic Bulgaria said in an interview with public service..
A campaign against street violence named Stand Up will be held today and tomorrow under the dome of Sofia's Largo, said the Regional History Museum – Sofia. It turns out that over 80% of women worldwide have experienced some form of street..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the..
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