We need to reduce costs and stabilise the budget’s revenue side, because at some point we may face liquidity shortage, caretaker Minister of Finance Rositsa Velkova said an in interview for the BNR.
The Finance Ministry has prepared three versions of the state budget, but the one that will be coordinated with the ministries, employers and trade unions envisages a deficit of 6.6%. "It is formed while maintaining all existing policies and regulations without changing the budgets’ revenue and expenditure sides", Minister Velkova explained. Rositsa Velkova said that Bulgaria’s budget will end 2022 with a 5.4% deficit on an accrual basis and a 3.4% deficit on a cash basis.
GERB leader Boyko Borisov has told the media that he personally participated in talks with American representatives on the lifting of the Magnitsky sanctions against Bulgarian citizens. He said that he also spoke on the subject with David Cameron while..
On Thursday minimum temperatures will range between 6 and 11° C., for Sofia around 8° C. During the day the weather will continue cloudy and rainy. The rain will be more significant in Eastern Bulgaria, and in the afternoon – in Central Bulgaria...
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the Bulgarian National Radio. The country is to receive EUR 439 million. EU may cut money for..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was..
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