The Bulgarian cabinet increased the allowable 2020 budget deficit to 2.9% of the gross domestic product at an extraordinary video-conference sitting. Shifting from the initially-planned balanced budget to budget deficit aims to finance the extraordinary measures taken to deal with the COVID-19 epidemic. The government debt issuance ceiling increases from EUR 1.1 billion to EUR 5 billion. Since the beginning of 2020 the country issued government bonds to the tune of EUR 400 million and a new tender for another EUR 100 million is scheduled for the beginning of April. The changes adopted by the government will be submitted to Bulgaria’s National Assembly for approval.
The Ministry of Foreign Affairs has advised Bulgarian citizens to avoid traveling to Greece because of a planned national strike today. The Foreign Ministry advises people to check the situation in Bulgaria's southern neighbor and the timeliness of flight..
"We hope that by the end of next week, the calculations will be completed and the results will be submitted to the Constitutional Court", Central Election Commission (CEC) Deputy Chair Rositsa Mateva told public broadcaster BNT regarding the..
The number of pensioners in January this year increased by 15,630 people, or 0.8%, compared to the first month of the previous year, the National Social Security Institute informed. More than 2 million people live on pensions whose average value is..
Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year,..
Sunday will be cloudy. A cold atmospheric front from the west will bring rainfalls. In the western mountainous regions of Bulgaria,..
On the day of the third boycott of large retail chains their turnover increased by over 1 million euros, according to data from the..
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