If the budget update was not approved, the cost of servicing government debt would become higher, Deputy Prime Minister and Minister of Finance Assen Vassilev pointed out and added that the changes in the budget envisage the limit of new government debt this year to rise by 1.5 billion euros to 5 billion and 150 million euros.
According to Vassilev, the hike will be used to repay next year's debt, with the difference likely to be almost 1 percentage point. This is a significant expense for the budget, which can be avoided if the debt was issued this year, Vassilev said.
Starting October 15, Bulgaria's toll system has begun weighing heavy vehicles over 3.5 tons while they are in motion. The weighing process is fully automated. "Currently, 10 out of nearly 100 planned devices have been certified. The sensors..
The number of Ukrainian citizens with temporary protection in the country who are accommodated in hotels and other facilities under the program for humanitarian support and integration of displaced persons from Ukraine has decreased by half. Currently,..
"We will no longer help ensure a quorum in Parliament", said Boyko Borissov, leader of GERB, the party holding the mandate for the government formed by the parliamentary majority. His statement, made in front of the party's parliamentary group and..
The Bulgarian National Radio will host the 2025 Public Broadcasters International (PBI) Annual Conference . The prestigious forum will be held from..
The government of South Africa is introducing a visa-free regime for Bulgarian citizens holding ordinary passports for stays of up to 90 days , the..
On Saturday, minimum temperatures will range from 8 to 13°C , around 9°C in Sofia. It will be mostly cloudy with rain in many areas. There will be..
Overcast, rain
Rain
Partly cloudy, chance of rain