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Atanas Zapryanov

Minister Zapryanov wants defence spending in the new budget to reach 2.5% of GDP

2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov said. Together with the Chief of Defense Adm.Emil Eftimov, the minister was present at the Mausoleum..

07.11.24 13:05 |

The Institute for Market Economics calls for budget deficit below 3%

We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR.  In presenting the institute's alternative state budget, the..

04.11.24 11:27 |
PM Glavchev at today's cabinet sitting

Caretaker PM Glavchev calls for the speedier formation of a regular cabinet

“I call for restraint on the part of politicians and for a constructive dialogue because the formation of a regular and stable government, such as we all want, is in their hands,” said caretaker PM Dimitar Glavchev at the beginning of today’s..

30.10.24 12:13 |
Petar Ganev

Institute for Market Economics: The future administration of the country must make unpopular decisions

Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..

30.10.24 10:41 |

Experts about Bulgaria’s financial policy as the country edges towards a new parliament and a draft budget for 2025

After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..

23.10.24 12:52 |

Another early election costs Bulgaria over €51 million

The caretaker government has approved the budget for the preparation and holding of the upcoming early parliamentary elections . The approved budget amounts to BGN 100 028 000 (51 142 425 euro). It will be used to finance the preparation and printing of..

30.08.24 17:51 |

Bulgarian Chief of Defence calls for increase in military spending

The defence budget should become at least 2.5% of GDP, as 2 percent is not enough, Chief of Defence, Admiral Emil Eftimov, said in an interview with 24chasa.bg. The compensation Bulgaria receives for the aid to Ukraine will fund the..

19.08.24 11:05 |

Bulgaria's defense spending is over 2% of GDP

The acquisition of the Himars artillery missile systems is unfortunately not part of the immediate prospects of the Bulgarian Army, the Deputy Chief of Defense, Lieutenant General Mihail Popov said after the completion of the largest exercise of..

04.06.24 18:10 |

Today marks 145 years since the approval of the first Bulgarian budget

On March 1, 1879, the Russian Prince Alexander Dondukov-Korsakov approved the first budget of Bulgaria which was liberated in 1878 . Prince Dondoukov-Korsakov approved the '' Account of Expenditures for Production Purposes from Bulgarian Revenues over..

01.03.24 07:05 |

Prime Minister Denkov: 600 million euros allocated for municipal projects

Do not believe words without evidence, no matter who says them. Watch and evaluate the actions. Only they matter, Prime Minister Nikolai Denkov said at the opening of the first government meeting for the year.  "The Ministry of Finance presented..

03.01.24 12:02 |
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