The tax laws will be revised and the budget will be revised. This is what GERB MP Delyan Dobrev, chairman of the Budget and Finance Committee in the parliament told the Bulgarian National Radio. The European Commission certainly has concerns about whether Bulgaria will be able to draw up a budget with a 3% deficit within 2025, Dobrev said.
"What we and the EC see is that the starting point of the deficit is 9%, not 3%. The 18 billion in question is a deficit that is no longer in dispute. With a 9% deficit we cannot enter the eurozone. Therefore, it is better to try to reduce it to 3% and only then submit the request for a convergence report. With a 9% deficit, Greece went bankrupt 4-5 years ago," Dobrev recalled.
Unemployment benefits in Sofia continue to be above the minimum wage, according to the latest data from the National Social Security Institute. It is the highest in the country and is on average 1,145 leva (585.43 EUR). The lowest unemployment..
"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 Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
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..
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