The parliamentary groups of We Continue the Change/Democratic Bulgaria (PP/DB), GERB/SDS and the Movement for Rights and Freedoms (MRF) reached agreement on the parametres of the national budget for 2024, at a meeting attended by Finance Minister Assen Vassilev (PP/DB). The principal change is that the budget expenditure will be cut down by 2.4 billion Leva (a little over EUR 1.2 billion), the planned sum that should come from Gazprom for the transit of Russian gas. This will make the budget more realistic.
Agreement was also reached that the derogation for Russian oil shallbe abolished in two steps – as of 1 January when the export quotas will be done away with, and as of 1 March when the derogation will be scrapped altogether.
On Wednesday, 22 November, GERB/SDS and the MRF are going be in parliament and are going to vote against the motion of no confidence in the government of Nikolai Denkov, submitted by the opposition over national security and defence.
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle pollution. Bulgaria is participating in two of these projects and will receive funding to install charging..
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..
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..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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,..
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