Bulgaria’s Minister of Finance Temenuzhka Petkova said that she is concerned about the current state of the country’s finances, which, according to her, is a result of unreasonable policies in this area over the past three years. According to Temenuzhka Petkova, the deficit is 18 billion BGN (EUR 9 billion). The state will not be able to make large investments in infrastructure by the end of March, Minister Petkova said. According to her, the longer there is no regular budget, the larger the deficit will be, which is why a law with the necessary measures must be drafted in the shortest possible time.
Earlier today, the government headed by Rosen Zhelyazkov decided to withdraw the 2025 draft budget, as well as the draft bills on the State Social Security and the National Health Insurance Fund submitted by the previous caretaker cabinet. The tax legislation package will also be pulled out. The government will propose a new draft budget by February 14.
At the beginning of the first meeting of the new cabinet, Premier Zhelyazkov justified the decision by stating that a more accurate assessment of the budget's capabilities and the medium-term budget forecast needs to be made.
The Sofia Appellate Court left in custody Varna Mayor Blagomir Kotsev, who is charged with corruption and participation in an organized crime group. The judgment is final. One of the three judges, Andrey Angelov, signed with a dissenting..
Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan (RRP) reforms in Bulgaria, reported the Ministry of Justice. EC: RRP payment depends on..
''Only two bridges connect Bulgaria and Romania along our 475-kilometer shared river border – this is a transport shortfall and a new 'Iron Curtain' within the European Union'', said Bulgaria’s Deputy Premier and Minister of Transport and..
On Tuesday , the lowest temperatures will be between 2 and 7°C. In the valleys and high fields the temperature can drop to minus 2°C;..
Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for..
The European Public Prosecutor’s Office has carried out searches in the Municipality of Plovdiv and in a company suspected of public..
+359 2 9336 661