“Doling out money gratuitously to people in need is impossible because the resources are limited. The government would come out of the crisis with a huge deficit,” Ivan Kostov, Prime Minister of Bulgaria in the 1997-2001 period said for the Bulgarian National Radio.
“According to the EU, the country’s GDP is going to go down by 7.2%. That means EUR 4.2 billion. There is no way the government can find the billions needed to compensate for all incomes. Calls for such a thing are populist. Even if it does find the money from somewhere, it couldn’t be absorbed and will only give rise to corruption,” Ivan Kostov said. He added that Bulgaria is not the only country where measures to address the damages are taken under pressure and urged for taxes not to be changed mid-year.
A campaign against street violence named Stand Up will be held today and tomorrow under the dome of Sofia's Largo, said the Regional History Museum – Sofia. It turns out that over 80% of women worldwide have experienced some form of street..
A mural dedicated to the 20th anniversary of Bulgaria's NATO accession will be unveiled today in Pernik. The event will be attended by the ambassadors of Great Britain, Turkey and Montenegro, Deputy Foreign Minister Nevyana Miteva, Pernik Regional..
On Friday, cloudy weather will prevail over the country. The wind will be oriented from the northwest, will strengthen and in the Danube Plain its speed will reach 10-15 m/s. With it, cold air will invade the country and temperatures will drop and by..
The Democrats for a Strong Bulgaria (DSB) are to nominate the party’s leader Atanas Atanasov for president of the 51 st National Assembly...
A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common..
The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey..
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