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.
Various events are held across the country hours before we welcome the Resurrection of Christ. In Sofia, the "It's Up to Us" Foundation invites children to a "Big Easter Egg Dyeing" from 11:00 to 15:00 at Canyon Park in Mladost 3..
Today, on Holy Saturday, which is the last day of Holy Week preceding Easter, Christians commemorate the burial of Jesus Christ and his descent into hell to break its chains and reopen the gates of heaven for people. The Divine..
For the first time, a unique collection of Western European textile panels (tapestries) is on display at the National Gallery – Square 500. The exhibits were added to the collection in the 1960s by the Bulgarian National Bank as part of the..
Citizens will tonight show their solidarity with the Roma families from the Zaharna Fabrika neighbourhood in Sofia who were left homeless after their..
On his last Easter, Pope Francis appeared before the faithful wearing an omophorion that he received as a gift during his visit to Bulgaria in 2019...
"I am deeply saddened by the passing of His Holiness - a true friend of Bulgaria and a global symbol of peace, compassion and unity," Prime Minister Rosen..
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