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 Director of the Agency for Bulgarians Abroad, Raina Mandzhukova, provided books free of charge for the fund of the Bulgarian Department in the Library of Congress in the US , the agency announced. The donation includes specialized literature for..
The Bulgarian Embassy in the USA has no reports about the presence of Bulgarian citizens on board the plane that crashed in Washington on the night of January 30, the Bulgarian Foreign Ministry announced. The Bulgarian diplomatic mission in..
Bulgaria's Minister of Tourism, Miroslav Borshosh, has held a series of meetings with business organizations in the tourism industry . The main topics of the talks were the need to introduce a Tourist Guarantee Fund, the fight against the gray sector..
Bulgaria is well advanced in the process of meeting the criteria for joining the Eurozone, European Central Bank President Christine Lagarde said during..
The idea of the state acquiring the only oil refinery in Bulgaria – Lukoil Neftohim in Burgas – as proposed on 29 January by the Movement for Rights and..
The case with the detained Bulgarian ship Vezhen was discussed behind closed doors in the European Parliament's Security and Defense Committee on..
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