A parliamentary committee has approved the changes to the state budget law. The external debt limit has been raised from EUR 8 billion to EUR 10 billion. Unemployment fund rises by more than EUR 700 million. Bulgarian Development Bank's capital increases by EUR 350 million. A budget deficit of EUR 1.7 billion has also been allowed. Borrowing money from the International Monetary Fund has not been approved. Help has already been sought from the European Investment Bank and the Council of Europe Development Bank. Resources from EU funds will also be used, Finance Minister Vladislav Goranov added.
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the northeastern regions will begin to stop, but in southeastern Bulgaria it will still snow in many places...
Career Foreign Service Officer Susan Falatko has arrived in Sofia on February 18 to assume the role of Chargé d’Affaires. Prior to this appointment, Ms. Falatko’s service includes assignments as Deputy Chief of Mission and Chargé d’Affaires at the..
Bulgaria's President Rumen Radev convened today a meeting of the National Security Advisory Council, dedicated to the risks and threats to national security arising from the spread of narcotic and intoxicating substances among the younger generation and..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced...
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