With 13 votes in favor, 6 against and one abstention, the Parliamentary Budget Committee adopted at first reading the Budget 2020 update, which is designed to absorb the shock to the economy caused by Covid-19. The bill envisages raising the limit for new debt from 1.1 billion euros to over 5 billion euros.
GDP is expected to decline by 3% this year. According to government estimates, unemployment rate is expected to rise by about 2% in comparison to 2019 to the level of 6.2%. Export of goods and services will fall by more than 16% overall, with export of services that includes tourism and transport dropping nearly 26%.
At today's meeting, the Bulgarian government approved the candidacy on behalf of Bulgaria for a member of the European Court of Auditors with a mandate from 2025 to 2030. This will be Bulgaria's current European Commissioner with the..
PP-DB leaders appeared together on the sidelines of parliament today to announce that their coalition is being preserved and their main goal is to attract voters to allow them to fulfill their priorities. They stated that the main objective..
The Director General of the International Atomic Energy Agency, Rafael Grossi, has promised support to the President of Ukraine, Volodymyr Zelensky, for the purchase of the reactors from Bulgaria , bTV reported. The goal is to use the Russian..
Niagara Falls was illuminated in the colours of the Bulgarian national flag on the occasion of the Day of the Unification of the Principality of..
Elhovo is located in the south-eastern part of the Thracian Plain, a region of fertile land between the Strandzha and Sakar mountains. One of the largest..
We Continue the Change (PP), Democrats for a Strong Bulgaria (DSB) and the Yes Bulgaria Movement signed a coalition agreement to participate in the..
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