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.
On Tuesday, minimum temperatures will range from 8 to 12°C. In Sofia, it will be around 8 °C. The day will be mostly sunny, with scattered clouds and a chance of light rain in the afternoon. The wind will blow from the west-northwest, reaching moderate..
Sofia Mayor Vasil Terziev accused GERB leader Boyko Borissov and Prime Minister Rosen Zhelyazkov of populism and reckless actions. Earlier today, the government announced it would allocate an additional 15 million leva (7.7 million euros) in subsidies..
A delegation led by Metropolitan Anthony and Professor Ivan Ivanov — a priest and theologian — represented the Bulgarian Patriarchate at the enthronement and inauguration of Pope Leo XIV on 18 and 19 May. They delivered an official..
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..
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it,..
In recent years, Bulgaria has been collecting and processing 15,000 tons of herbs annually . Nearly 90% of them are exported. More than 200 herbs are..
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