The Bulgarian cabinet increased the allowable 2020 budget deficit to 2.9% of the gross domestic product at an extraordinary video-conference sitting. Shifting from the initially-planned balanced budget to budget deficit aims to finance the extraordinary measures taken to deal with the COVID-19 epidemic. The government debt issuance ceiling increases from EUR 1.1 billion to EUR 5 billion. Since the beginning of 2020 the country issued government bonds to the tune of EUR 400 million and a new tender for another EUR 100 million is scheduled for the beginning of April. The changes adopted by the government will be submitted to Bulgaria’s National Assembly for approval.
The Bulgarian Pavilion at this year's Venice Biennale is a great success among international journalists and visitors. "It is a great recognition for us to be named as one of the must-see pavilions," says Dr Nadezhda Dzhakova, Commissioner of the..
Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading international human rights standards that the Republic of Bulgaria, as a country governed by the rule of..
Bulgaria ranks second in the European Union in the number of companies with more than 40% Russian ownership, according to a survey by Moody's. The rating agency has identified 46,000 companies in the EU owned by Russian companies or individuals...
Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading..
As the snap election draws nearer, GERB leader Boyko Borissov called for shared responsibility with the other political forces. This took place at a..
23 August is a day of commemoration of the victims of the crimes committed by the national socialist, communist and other totalitarian regimes...
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