If the budget update was not approved, the cost of servicing government debt would become higher, Deputy Prime Minister and Minister of Finance Assen Vassilev pointed out and added that the changes in the budget envisage the limit of new government debt this year to rise by 1.5 billion euros to 5 billion and 150 million euros.
According to Vassilev, the hike will be used to repay next year's debt, with the difference likely to be almost 1 percentage point. This is a significant expense for the budget, which can be avoided if the debt was issued this year, Vassilev said.
Sofia Airport operates normally in winter conditions, BTA has reported. The runways for take off and landing have been cleaned. The aircraft are being treated against icing. Passengers are advised to arrive at the terminals at..
Speaking to the Bulgarian National Radio, the ambassadors of Germany and France to Bulgaria Irene Plank and Joël Meyer commented on the current situation in Europe and the upcoming negotiations on Ukraine. "This is an informal..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to insist on financing the necessary repairs and improvements that will facilitate visitors' access to..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
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