The Bulgarian Parliament adopted at first reading the budget for 2019. The budget passed at first reading with the votes of GERB and United Patriots, of one MP from "Volya" and one independent MP. The BSP and the DPS voted against. The priorities of Budget 2019 are social policy, education, defense and income policy. The planned deficit is 0.5% of GDP. GDP growth is projected to reach 3.7% in 2019 due to stronger public investment and public consumption and keep level of 3.5% in the 2020-2021 period. Unemployment is expected to fall to 4.8% next year. Government debt is expected to decrease from BGN 22.2 billion in 2019 to a level of BGN 22.0 billion by the end of 2021.
Sofia is hosting the biggest motor show in Europe this year, Alexander Kostadinov, Chairman of the Board of the Association of Car Manufacturers told the Bulgarian news agency BTA. The Sofia Motor Show 2024 will demonstrate the latest generation of..
State-owed natural gas supplier Bulgargaz has hired a legal councillor to defend the interests of the Bulgarian gas company in connection with the contract for natural gas storage and supply with the Turkish-owned company BOTAŞ. Bulgargaz..
It is our intention that even with the 2025 budget, defense spending will reach a higher level than 2.5% of the Gross Domestic Product, said the Deputy Minister of Defense Radostin Iliev during the commemoration of the Day of the Military Parachutist in..
It is our intention that even with the 2025 budget, defense spending will reach a higher level than 2.5% of the Gross Domestic Product, said the Deputy..
Bulgaria is the 21 st safest country out of 38 countries in Europe, ranking between Poland and Spain. This country gets 1.643 points measured by..
State-owed natural gas supplier Bulgargaz has hired a legal councillor to defend the interests of the Bulgarian gas company in connection with the..
Clear
Partly Cloudy