The General Government sector reported a deficit of EUR 2.8 billion, or 4.1% of the country’s gross domestic product, preliminary data of the National Statistical Institute indicate. The deficit in Central Government amounted to EUR 3.3 billion, or 4.8% of the GDP, while Local Government reported a surplus to the tune of EUR 75 million. The Social Security Funds generated a surplus to the tune of EUR 414 million.
Meanwhile, the government debt reached EUR 17 billion, or 25.1% of the GDP - a record high since the introduction of the currency board in 1997.
The Bulgarian Parliament has adopted the Personal Bankruptcy Act, which is an EU requirement for the second payment under the Recovery and Resilience Plan to be implemented. The texts provide that a debtor who fails to service his/her..
The Eurogroup has unanimously recommended that Bulgaria become the 21st member of the eurozone . The countries of the common currency area recommend to the EU Council that this should happen from 1 January next year. The finance ministers of the..
On Friday, the minimum temperatures will be from 15 to 21°C, in Sofia - around 17°C. It will be sunny before noon. Cumulus and cumulus-rainy cloudiness will develop around and after noon. In many places, mainly in Southern and Eastern Bulgaria, there..
Bulgarian Shopska Salad has earned a place among the 24 best salads in the world according to a new ranking published by CNN, BGNES reports. The fresh and..
A new medical equipment manufacturing center of the Czech company BTL Industries has opened in Plovdiv. The event was attended by President Rumen Radev,..
According to Eurostat data , in 2024 Bulgaria and Estonia ranked second to last in the EU in terms of actual individual consumption (AIC) per..
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