The budget for 2025 is feasible and will likely be the last one in Bulgarian leva, Minister of Finance Temenuzhka Petkova said in an interview with bTV.
The draft law on the state budget for 2025 has been prepared without increasing existing taxes or introducing new ones, emphasized Minister Petkova.
The debt limit for 2025 is set at EUR 9.78 billion and the money will be used to repay maturing state debt from previous years and to finance the budget deficit.
Regarding the Recovery and Resilience Plan, Minister Petkova announced that intensive talks are currently underway with the European Commission. Bulgaria must propose a revised plan with realistic reforms and projects within an extremely short time frame. The revised draft is expected to be ready by the beginning of April, Minister Petkova added.
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
From March 9 to 11, 2025, Inter Expo Center in Sofia plays host to the 41st edition of Holiday & SPA Expo. The event, organized with the support of the..
Clear
Partly Cloudy