Bulgaria's Deputy Prime Minister and Minister of Finance Lyudmila Petkova represented Bulgaria at the regular meeting of the Economic and Financial Affairs Council (ECOFIN) in Luxembourg.
Among the topics discussed were the economic and financial consequences of Russia's aggression against Ukraine. Bulgaria welcomes the package of legislative proposals, through which the joint financial participation of the G-7 and EU member states in the fair sharing of the risk is ensured, as well as the bearing of common political responsibility. Petkova pointed out that the structure of the future loan should allow Ukraine to use the funds where the country's needs are most urgent, whether these are military needs or contributing to the recovery of strategic sectors, reconstruction and future development.
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International Monetary Fund, at the high-level conference in Sofia titled ''Bulgaria on the Doorstep of the..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities..
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