Bulgaria’s cabinet is expected to meet online today to discuss the 2020 draft state budget, the budget of the State Social Security and the National Health Insurance Fund. The 2022 draft budget envisages a GDP growth of 4.8%, or 1.2% more as compared to 2021.
The budget deficit excluding the Covid-19 measures will stand at 2.5% of the GDP. The deficit including the coronavirus measures will amount to 4.1% of the GDP.
Unemployment is expected to drop from 5.4% to 5%. The average annual inflation is expected to reach 5.6%. The minimum monthly salary will rise to EUR 363 from April 1.
Joining the eurozone will provide Bulgaria with stability as part of the common currency area, said Christine Lagarde, President of the European Central Bank (ECB), in a press conference following an ECB interest-rate meeting, according to BTA. She..
Anna-Maria Halacheva, a doctoral student at the Institute of Computer Science, Artificial Intelligence and Technologies (INSAIT) at Sofia University "St. Kliment Ohridski", has been recognised by the European Commission as a successful young European...
'We condemn the unprovoked violation of airspace,' declared Prime Minister Rosen Zhelyazkov in response to yesterday's incursion of drones into Polish airspace. Speaking during a visit to the town of Simitli, he emphasised: 'Our position is clear and..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
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