The Chairman of the Budget and Finance Committee in the National Assembly and GERB MP Delyan Dobrev has told bTV that the budget deficit is 9%. "9 billion euros is not 3%, but 9%," the MP and former Minister of Economy, Energy and Tourism in the first government of Boyko Borissov said. According to Dobrev, 9% of GDP means that the state has huge problems with public finances and gave Greece as an example, which went bankrupt with 9% budget deficit.
Dobrev pointed out that in most of the years of GERB's rule, inflation was lower than the criterion for entering the eurozone, but the country was not ready because of other reasons.
After years of preparation and research, actual drilling for oil and natural gas is starting in the Bulgarian part of the Black Sea. OMV Petrom, the largest energy producer in Southeast Europe, and NewMed Energy Balkan, a subsidiary..
The wheat harvest is 80% complete. With average yield of 586 kg per decare, almost 5.8 million tons of wheat have been harvested. Over 1 million tons of barley have been harvested with 95 percent of the areas harvested and over..
Democracy, the rule of law and respect for human rights are the pillars of Bulgarian diplomacy.This was what Prime Minister Rosen Zhelyazkov said at the ceremonial reception at the Boyana Residence on the occasion of the Day of the Bulgarian..
Bulgaria and six other EU member states have not signed a joint statement condemning Israel over the situation in Gaza. The statement was signed..
Two children, aged five and seven, ran away from their preschool in Sofia, prompting police involvement. The authorities were notified approximately one..
The U.S Department of State has made a determination approving a possible Foreign Military Sale to the Government of Bulgaria of Naval Strike..
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