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.
A cold front will pass through the country on Tuesday. In the western and central regions of Bulgaria there are conditions for significant precipitation and hail storms. The lowest temperatures will be between 15 and 20°C; in Sofia -..
For the second year, so-called "cherry" tourism is being organized in the region of Kyustendil, known for its delicious cherries, BNR correspondent Kiril Falin has reported. Groups, families, even entire classes of students from all..
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 the 200-year history of the republic, I will be the first female president of Mexico,"..
At noon sharp today, air raid sirens will sound throughout the country for 2 minutes in tribute to the memory of revolutionary poet Hristo Botev and all..
European Commission President Ursula von der Leyen will visit Bulgaria's second-biggest city Plovdiv today . The visit is part of the tours in..
In different cities of the country with military rituals, wreath laying and other events, Bulgarians honoured the memory of the emblematic poet and..
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