Caretaker Minister of Finance Lyudmila Petkova defended the parameters of the 2025 draft budget before the members of the National Assembly Committee on Budget and Finance. Minister Petkova explained that the 2025 Budget reflects the policies of recent years. Although the expenditures significantly exceed the revenues by 18 billion BGN (EUR 9.2 billion), the caretaker government submitted a budget with a deficit of 3% of the GDP, Lyudmila Petkova said. She reminded that the implementation of the National Recovery and Resilience Plan will end in mid-2026.
So far, Bulgaria has received two payments under the Recovery and Resilience Plan, totaling 2.7 billion BGN (EUR 1.38 billion), while 7.8 billion leva (EUR 3.99 billion) are yet to be received. According to her, the main problem of the plan is its wrong overall philosophy. "From the very beginning, the plan included difficult reforms that cannot be implemented", said Minister Petkova, noting that other EU member states included such difficult reforms at a later stage, reported BGNES. Lyudmila Petkova emphasized that Bulgaria is the only country that has not adopted the RePowerEU chapter. She also noted that the gray economy in Bulgaria is over 32% of the GDP, while in Croatia and Romania it is 28% of the GDP. According to her, "chaotic policies and legislation have been adopted in the country in recent years".
The National Assembly is to vote the motion of no confidence in the cabinet of Rosen Zhelyazkov today. MPs discuss vote of no confidence in Rosen Zhelyazkov’s cabinet Rosen Zhelyazkov: We are resilient, so as not to be misled by the..
For the first time, the Day of the Bulgarian Canning Industry will be marked on April 3. The solemn event will take place in the University of Food Technologies in Plovdiv. A round table on the topic "The Canning Industry in Bulgaria..
On Thursday there will be significant cloudiness with rain showers. The lowest temperature will slightly rise and will be between 4° and 9°C; in Sofia - around 5°C. The highest will be between 13° and 18°C; in Sofia - around 13°C...
The sea waves have pushed the oil ashore, which was released by a ship in the waters near Varna on the morning of March 31. The pollution was localized..
Partial state of emergency on the territory of the municipality of Varna is in effect until April 6 due to a fuel oil spill in the Black Sea, which has..
Only 5% of prisoners in Bulgaria find work after serving their sentence . According to the Varna-based Altruist Association, quoted by BNT, 75% return to..
+359 2 9336 661