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.
On Tuesday morning, there will be fog or low layered clouds along the Danube and in the valleys. Before noon it will be mostly sunny. In the afternoon, the cloudiness will increase and by the evening it will become significant. The..
The past year 2024 was the warmest year for Bulgaria since 1930. This is shown by the analyses of the National Institute of Meteorology and Hydrology. 2024 had an average temperature for the country of about 2.1 °C above climate norms and..
Cadets from Vietnam are training at the Georgi Benkovski Air Force Academy in Dolna Mitropolia. This year they will study Bulgarian, after which their flight training will begin. This was what the head of the school, Brigadier General..
The problems with electricity supply during the Christmas and New Year holidays are the result of neglect of the electricity grid and the lack of control..
Armenians celebrate Christmas Eve on January 5 . On this occasion, a pre-holiday service will be held in the Armenian Church in Sofia. Pomegranates..
On January 6, the feast of Epiphany, the traditional water blessing of the battle flags and holy flags of the Bulgarian Army will be celebrated in all..
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