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.
Since the beginning of 2024 until 21 May, 22 people have died at work from heart attacks and strokes, reports BTA citing data from the General Labour Inspectorate. In the previous year, 2023, 92 people died in the country from non-traumatic injuries..
Three people have been arrested in Sofia during a police operation against a drug distribution group. Police officers discovered a cannabis greenhouse in the Orlandovtsi district of Sofia with more than 2 700 plants in various stages of growth. According..
Freedom, democracy and human rights are the highest achievements of our civilization, for which generations have made efforts and sacrifices. This was what President Rumen Radev said at the opening of an office in Rome of the..
On Wednesday, minimum temperatures in the country will be between 9 and 14°C, 12°C in Sofia. During the day, sunny skies are expected, with some clouds..
Ventsislav Velev who is in the 11 th grade in the Baba Tonka high school of mathematics in Russe won the silver medal at the International Philosophy..
The MPs obligated the supervisory board of the National Social Security Institute to support the revaluation of pensions by 11% as of 1 July this year...
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