Despite the criticism, Bulgaria’s National Assembly adopted at first reading the 2024 budget. "We Continue the Change - Democratic Bulgaria", GERB-SDS and the Movement for Rights and Freedoms voted in favour.
Bulgaria’s Minister of Finance Assen Vassilev elaborated on the philosophy of the budget: "In order for the economy to grow, there must be investments, but also adequate pay. In recent years, Bulgarians' incomes have grown the most in the EU despite high inflation. If this continues, in the next 4 or 5 years we will see many more people returning to Bulgaria, simply because it is better to work and live here. However, we need to fix our infrastructure, make good use of the money that is being spent on health and education, so that those young people who would return have adequate social services’’, Assen Vassilev said.
Supporters of the parliamentary represented Vazrazhdane party gathered in front of the National Assembly, declaring their support for preserving the Bulgarian lev and for holding a referendum on the euro, BTA reports. With shouts..
“Our ambition is for Bulgaria not to be just an exporter of electricity, but for this energy to create added value here.” This was what Minister of Energy Zhecho Stankov said at the discussion “Bulgaria – a regional hub for..
The European Commission and the European Central Bank are expected to publish their convergence reports on Bulgaria’s readiness to adopt the euro on 4 June. If the reports are positive, Bulgaria will be able to adopt the euro on 1 January 2026...
The legendary train “Orient Express”, will stop today at 12:45 p.m. at the Central Railway Station in Ruse, BTA reports. The..
'Legal changes have been drafted in response to the frequent road accidents involving trucks, ' said Grozdan Karadzhov, the Deputy Prime Minister and..
The fifth edition of the “Science for Business” forum, organized by the Bulgarian Academy of Sciences and the Bulgarian Small and Medium Enterprises..
+359 2 9336 661