Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev has refuted claims made by GERB-SDS, which are also the reasons of the two opposition parties for a motion of no confidence against the cabinet. The Finance Minister called the claims groundless. He presented data from the BNB on foreign investments in Bulgaria totaling 883 million euros in the first quarter of the year. When it comes to high inflation, he pointed out that this happens at pan-European level and EU countries were making joint efforts to curb it.
"The deficit is exactly as approved by the National Assembly. Exports have grown by 20% in all areas of the economy. Debt has also been reduced. Theft in the past is the reason we don't have good roads and hospitals," Minister Assen Vassilev has told the opposition.
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the accelerated construction of transport Corridor 8. Romania has asked to join the construction..
Winds of up to 120 kms. per hour inflicted damage in Vratsa, the biggest town in Bulgaria’s Northwest. Dozens of reports have come in of fallen trees and branches onto vehicles and roads, damaged equipment and torn overhead cables. There were..
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...
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..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
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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