The 2023 state budget does not tighten belts and does not cut social costs, Bulgaria’s Minister of Finance Assen Vassilev said for the BNR. We manage to collect taxes and maintain social spending without raising taxes. We inherited from the caretaker cabinet a deficit of EUR 600 million at the end of May, and in June there is a surplus of EUR 100 million, Assen Vassilev explained.
The targeted GDP growth of 1.8% will be achieved. There are no concerns that the budget deficit will exceed 3%. "The budget framework is going to withstand unless a second Chernobyl happens at the Zaporizhzhia NPP. Any requests for wage increases lead to new demands. Money should not be poured into unreformed sectors. If MPs support pay rises in some sectors, that is their decision”, Minister Vassilev added.
During the night, the cloud cover over most of the country will be mostly significant, and there will be light rain in some areas in Western Bulgaria. There will be a light wind, moderate in Northeastern Bulgaria. The lowest temperatures will range..
Thousands of motorcyclists from Southern Bulgaria gathered in Plovdiv for the first motorcycle season opening event of the year. The bikers paraded with an impressive motorcade through the streets of the city and continued towards Bachkovo Monastery,..
Bulgarian and a Romanian were given a second chance at life after the relatives of a 68-year-old woman made the noble decision to donate her organs. The donor situation was carried out by a team from the "Dr. Stefan Cherkezov" Hospital in Veliko..
On Saturday, the minimum temperatures in Bulgaria will be from minus 2 to 3°C. In Sofia it will be around 0°C. During the day it will be sunny with..
Nearly half of Bulgarians prefer the cabinet to continue governing over the alternative of new elections. However, the majority does not believe..
After a 22-hour session, the parliament approved the state budget for 2025. 138 MPs voted in favour, 78 voted against and two MPs abstained...
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