With 207 votes, the MPs extended last year's state budget until July 31. This is the deadline set by the parliament for adopting the budget for 2023. Until July, revenues and expenses remain within the limits of 2022, taking into account acts of the parliament and the government that have come into force for additional or reduced budget expenses.
Finance Minister Assen Vassilev said that the treasury has more than 5 billion euros and "any talk of bankruptcy is untenable". The next 2 weeks we will talk about the wallet within a 3% deficit, he pointed out. In the discussion, the ruling majority called for keeping taxes the same and said education costs should reach at least 4.5% of GDP.
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks an upgrade from the 2% growth rate estimated in the Commission’s spring outlook. The expected GDP..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of Energy Zhecho Stankov told BNT. If necessary, the postponement of the sanctions against Lukoil can be..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took place during the 14 th Annual Forum of the EU Strategy for the Danube Region (EUSDR) held in..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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