The national budget has not yet been affected by the COVID-19 crisis. The Ministry of Finance registered a EUR 600 million budgetary surplus for the first quarter of the year by 31 March. Nevertheless, the surplus is falling because at the end of February it stood at EUR 700 million.
The fiscal reserve remains at over EUR 5 billion. Year on year treasury revenues in March have gone up by EUR 75 million, or a total of EUR 5.56 billion. The increase us due mainly to incoming financing from European funds. Due to the extension of tax payment deadlines the implementation of the projected revenues from corporate taxes is lower.
Protesters in support of the preservation of the Bulgarian lev temporarily blocked traffic in the center of the Bulgarian capital Sofia on Sunday evening. Protests were also held in many regional cities of Bulgaria. Small mobile groups of..
On Monday, the lowest temperatures will range between 5°C and 10°C, around 5°C in Sofia. It will be mostly sunny in the morning, but around and after noon, cumulonimbus clouds will begin to form. Short showers are expected mainly in the mountain..
We are helping North Macedonia and Serbia because of the breakdowns in their energy systems, Bulgaria’s Minister of Energy Zhecho Stankov announced at an emergency briefing following widespread power outages in the Balkans. “In the early hours..
Bulgaria’s President Rumen Radev met in Tokyo with Japan’s Prime Minister Shigeru Ishiba as part of his visit to Japan. Rumen Radev and Shigeru Ishiba..
The normal movement of buses, trolleybuses and trams in Sofia is being restored as of today, after last night the unions announced an end to the 6-day..
Only 2 kilometers remain to be built on the Bulgarian side of the railway corridor known as Corridor No. 8, which is intended to connect the Adriatic..
sunshine, cloud, rain and thunder
Overcast, rain