“If the budget deficit set down by the caretaker government remains at 6.4% we can forget about the Eurozone,” GERB leader Boyko Borissov said at a press conference.
There are three options for bringing it down, he said, raising taxes, cutting expenditure or a new debt. The former prime minister also pointed to some booby-traps in the draft budget, among them the expensive gas stored at Chiren, the gaping holes in the budgets of the municipalities, the missing money for motorways and bridges.
“We either back the budget and the reforms, or we say, all together: “We are letting the debt go”, because in one month the country is going to collapse,” Boyko Borissov said, and urged We Continue the Change/Democratic Bulgaria, for the sake of the country, to come together and drag the country out of the crisis. “And afterwards – even if we are not there, there will always be parties,” he said.
Ferry operations near Oryahovo have been suspended d ue to low water levels in the Danube River. The situation is not unprecedented and occurs every summer, but this year the water level has dropped earlier than usual, said the Oryahovo-Bechet Ferry..
Bulgaria’s Premier Rosen Zhelyazkov extended his warmest congratulations to the President, the government and the people of the United States on the occasion of July 4 – Independence Day. ''Bulgaria and the United States continue to deepen their..
The three largest parties in the European Parliament — the European People’s Party (EPP), the Progressive Alliance of Socialists and Democrats (S&D) and Renew Europe have reached an agreement to remove all references to ''Macedonian..
Security agencies in Bulgaria, DANS (State Agency for National Security) and GDBOP (General Directorate Combating Organized Crime), are carrying out an..
On Thursday, the lowest temperatures will range from 13°C to 20°C, 16°C in Sofia. It will be sunny during the day and hot in the afternoon. There will..
The low level of the Danube River makes navigation in the Bulgarian section difficult. Two sandbars have formed, Ivelin Zanev,..
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