After a 22-hour session, the parliament approved the state budget for 2025. 138 MPs voted in favour, 78 voted against and two MPs abstained.
The projected revenues are EUR 45.5 billion (90 billion BGN). The expenses are set at EUR 48.6 billion (96 billion BGN). The budget deficit is set at 3% of GDP, and no tax increases are planned. The government debt is expected to reach EUR 31.22 billion (61.7 billion BGN), or 26.6% of GDP. The amount of debt the state can take on in 2025 is EUR 9.65 billion (18.9 billion BGN).
The minimum wage in the country will be EUR 545 (1077 BGN).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 them a direct link Bucharest-Sofia-Athens. According to the plan, using the trans-European..
President Rumen Radev has returned for a new discussion in parliament the adopted legal amendments, according to which the sale of assets of Russian company Lukoil in the country will take place after a decision of the Council of..
Nearly 24 hours after it was closed, Danube Bridge linking Ruse and Giurgiu is now open for trucks, regional governor Dragomir Draganov said. At 9 a.m. on November 5, trucks were allowed to pass through the facility. On November 4,..
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..
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..
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