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.
'International law does not address the recognition of identities and languages, and this also applies to North Macedonia,' said Foreign Minister Georg Georgiev, quoted by BGNES. ‘Formulations such as “recognition of Macedonian identity” and..
At a ceremony in the Bulgarian resort town of Sveti Vlas, the Polish Ambassador to Bulgaria, Maciej Szymański, symbolically handed over the presidency of the Council of the EU to the Danish Ambassador, Flemming Stender. Denmark will take over the..
Following intense round-the-clock efforts by the Bulgarian Embassy in Tehran , the Foreign Ministry announced that two Bulgarian citizens had been successfully evacuated from the Islamic Republic of Iran. They crossed the Iranian-Azerbaijani border..
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,..
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..
Partly cloudy, chance of rain
Mostly Cloudy
Partly Cloudy
sunshine, cloud, rain and thunder