The Parliamentary Committee on Budget and Finance has approved at first reading the Law on the State Budget Act for 2024. The project was supported by PP-DB, GERB-SDS and DPS. GERB-SDS, however, defined it as a "compromise" and criticized the set deficit of 3%, as according to them, it should be lower. The budget was severely criticized by "Vazrazhdane", BSP for Bulgaria and ITN because of the social policy and the high level of debt.
"Maintaining a zero or one-percent deficit is a policy of stable poverty... If we want Bulgaria to really catch up with Europe, we must do something different than what has been done in recent years and even decades. Let's make our investment program the way it is done all over the world and this is done by attracting fresh resources," Finance Minister Assen Vassilev told the committee, BTA reported.
Staff shortages are worsening as more hotels and restaurants open in coastal resorts and staff demand better conditions and pay, according to Pavlin Kossev, chairman of the Varna branch of the Bulgarian Hotel and Restaurant Association. This is..
On Thursday, after the expected overnight precipitation in the morning, the minimum temperatures will be 10 to 15°C. In Sofia it will be around 11°. Clouds will be more frequent during the day. In some places, especially in southwestern Bulgaria and in..
A draft law has been prepared with the aim of regulating the relations along the entire chain from food producers to buyers. It proposes markup limits, to which both producers and traders would be entitled, announced Bulgaria’s Minister of..
EUR 87 million under the operational programme Transport Connectivity, earmarked for the Russe-Veliko Tarnovo motorway is being redirected to the Europe..
Bulgarian Ambassador to the United States Georgi Panayotov and Raycho Raychev, founder and CEO of the Bulgarian company EnduroSat , met with experts..
The prehistoric complex "Provadiya-Solnitsata" - the oldest salt production and urban centre in Europe (5600 - 4350 BC) - is among the sites nominated..
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