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.
By mid-2025 Bulgaria will be ready for the Еuro area, the caretaker deputy finance minister Metodi Metodiev predicted before the financial forum in Sofia "The Noise of Money". In his words, by the end of 2024, the inflation criterion - the only one the..
The trend towards changing the world order, disregard for international law and a preference for the use of military force as a mechanism to achieve political goals continues . This is stated in the 2023 report of Bulgaria's Military Intelligence..
After a series of training flights, a medical team of the Air Emergency Medical Centre carried out its first mission today. The signal to the centre was given at 7.30 a.m., the helicopter took off half an hour later and after stopping for..
For the first time in the history of Mexico, a female president, Claudia Sheinbaum, is at the head of the country. "For the first time..
In a major article entitled "Bulgarians exploited the computer that said 'yes'" , The Times says that the British nation owes gratitude to Inspector..
I will not be Patriarch. This I can declare, and you have no idea who will be the Patriarch," Metropolitan Nikolai of Plovdiv said in Burgas. The comment..
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