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).With shouts "No to the euro", about a hundred supporters of "Vazrazhdane" gathered to protest in front of the building of the Bulgarian National Bank (BNB) in Sofia. The protest is being held over a planned official visit of the..
It is theoretically possible that Bulgaria could apply for a third payment under the Recovery and Resilience Plan by the end of 2025, European Commissioner for Economy Valdis Dombrovskis announced in an interview with the Bulgarian..
Bulgaria is to participate in the prestigious Eurovision Song Contest, which will celebrate its 70th edition in 2026. The return is part of the Bulgarian National Television’s efforts to promote Bulgarian culture and talent to an..
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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