In the period January to September 2016 Bulgaria’s balance of payments not only remained positive, but has also registered improvement. For the first nine months of the year the balance of current and capital account of the state is positive, reaching 3.1194 billion euros or 6.9% of projected GDP, while in the same period of 2015 it was 1.9854 billion euros or 4.4 percent of GDP. The trade balance since the beginning of the year is negative and totals 1.0881 million euros or 2.4 percent of GDP. However, over the same period last year the deficit was considerably higher - 1.6118 billion euros or 3 6% of GDP.
‘This is not the time for early elections,’ said Prime Minister Rosen Zhelyazkov at a GERB party conference. According to BTA, he was opposed to holding elections during the country’s planned adoption of the euro in 2026. GERB chairman Boyko..
The Sofia Appellate Court left in custody Varna Mayor Blagomir Kotsev, who is charged with corruption and participation in an organized crime group. The judgment is final. One of the three judges, Andrey Angelov, signed with a dissenting..
Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan (RRP) reforms in Bulgaria, reported the Ministry of Justice. EC: RRP payment depends on..
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