Employers have expressed concerns about the proposal for updating the state budget, which is to be voted on at second reading. According to Vasil Velev, chairman of the Industrial Capital Association, the changes are likely to shake the financial system.
"There will be a rise of costs and reduced revenues and this will lead to a new boost in inflation and financial destabilization," he said. Vasil Velev expressed concern that the most important measure for compensations related to the high electricity prices on the free market might not be adopted.
Bulgaria’s Deputy Prime Minister and Minister of Innovation and Growth Tomislav Donchev met with Japanese Ambassador to Bulgaria Hisashi Michigami, the Ministry of Innovation and Growth has announced. The two discussed the traditionally good..
The government has requested an urgent meeting with European Commission representatives to discuss the cancelled tender for the acquisition of 35 multiple unit trains under the recovery and resilience plan. Minister of Transport Grozdan Karadjov..
On Friday, minimum temperatures will be between minus 7 and minus 2°C, around minus 3°C in Sofia. Most of the country will be sunny with light to moderate winds. Maximum temperatures will be between 1 and 6°C, around 4°C in the capital. In the..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I..
GERB never falsifies things and it is clear what the hole in the budget is due to. Let's humble ourselves a little and not try to shift..
Europe will have to reform its governance structures so as to speed up the decision-making process and mobilize its resources, said President Rumen..
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