The state budget surplus has melted away by almost 150 million euro in the space of one month. At the end of September, it was more than half a billion euro, at the end of October it stands at 362.5 million euro.
According to the Ministry of Finance, the main reason for this are the social and health insurance payments. As of 1 October, the monthly supplement for pensioners went up from 25 to 60 euro. With health insurance costs, the sums have dwindled because of the efforts to contain the pandemic and the mechanisms for financing medical establishments in the conditions of the extraordinary epidemic situation.
And while, as is usual, the growth in expenditure has been increasing in recent months, the growth of the revenue collected has begun to slow down. A monthly deficit of 171.5 million euro is even expected in October.
As of the end of September there was 5.1 billion euro in the fiscal reserve.
The parliament has adopted changes to the Railway Transport Act. The amendments transfer the requirements of the European directives to the sector after the European Commission initiated a procedure against the country over..
Japanese manufacturer of engines, motorcycles and motor vehicles Kawasaki Motors announced a strategic partnership with Bulgarian manufacturer of civil unmanned aerial vehicles Dronamics. The companies will develop aero-piston..
There is a huge increase in the import of workers from third countries. We are heading towards 50,000 by the end of the year. The shortage of personnel is constant. This is what Georgi Parvanov - an expert in Human Resources, a..
On Wednesday, the minimum temperatures in Bulgaria will be from 11 to 16°C, in Sofia - 14°C . A cold atmospheric front will pass through the country, with..
The sixth unit of the Kozloduy NPP will also start operating with American nuclear fuel next year. The first six Westinghouse cartridges will be placed..
Regarding a video published on YouTube, the management of VMZ-Sopot - the largest state-owned military enterprise in Bulgaria, say that..
+359 2 9336 661