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.
Saturday will be hot and sunny. Cumulus clouds will develop over the mountainous areas in the afternoon, but there will be no rain. There will be light to moderate east-northeast winds in eastern Bulgaria. Maximum temperatures will be between 32°C and..
In 2022, 2.78% of the population in Bulgaria was experiencing water shortages (drought), mainly on a seasonal basis. The most affected districts are Lovech (24.9%), Targovishte (19.0%), Blagoevgrad (14.8%) and Pernik (12.9%), according to the National..
The Ministry of Finance has drafted a law on crypto-assets markets to regulate trading in this type of instruments, BNR’s Radio Sofia reports. The initiative comes in response to the European Markets in Crypto-Assets Regulation (MiCA) which comes..
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...
Partly Cloudy
Partly cloudy, chance of rain
Clear
Mostly Cloudy