Bulgaria is beginning the year, 2022, without a budget, voted by parliament, which is unprecedented in the country’s most modern history.
According to estimated data, by the end of December 2021, the budget was "in the red" by 4 billion Leva (a little over EUR 2 billion), or 3% of the GDP. Until a new financial framework is voted, the most important state payments will take place according to the texts of the budget for 2021. The rule is that if a budget is not voted for the year, then every month the country can spend 1/12th of the budget of the previous year. This means that the minimum monthly salary will be frozen at 650 Leva (EUR 332). However, the poverty line is changed to 413 Leva (EUR 211) a month, or 44 Leva (EUR 22) more than in 2021.
The cabinet stated its intention to have the new financial framework ready by the end of February, but a bill has been submitted to parliament, according to which the effect of the budget for 2021 is extended until the end of March.
GERB leader Boyko Borissov told reporters that he supports the position of US President Donald Trump for peace in Ukraine, but that he insists on Bulgaria remaining loyal to its European partners. The policy of the new US administration may pose..
The second medical service helicopter purchased by Bulgaria has undergone flight tests in the presence of a Bulgarian commission visiting the base of the manufacturer Leonardo S.p.A . in Vergiate, Italy. The team is to carry out the so-called..
The MPs from the 51 st National Assembly adopted a declaration on non-participation of Bulgarian troops in military activities on the territory of Ukraine. 166 voted “for”, 27 “against”, 11 abstained. The declaration was supported by all..
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory..
Education must make children not only knowledgeable but also good people, said Minister of Education and Science Krasimir Valchev at a meeting with His..
On February 19th, the day when Bulgarians worldwide commemorate 152 years since the passing of the Apostle of Freedom, Vasil Levski, Bulgaria’s National..
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