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%.
EUR 479 million are the grants allocated to Bulgaria under the RePowerEU chapter which is part of the Recovery and Resilience Plan. By the end of last year, our country could have received 30% of this resource in advance. At a hearing of..
The BG-ALERT system has issued an evacuation warning for the residents of five villages in the municipality of Strumyani due to the large fire that broke out in the area of the Maleshevska Mountain near the border with North Macedonia. The fire..
The first meeting organized by There is Such a People party (ITN) to seek support for the formation of a government with the third mandate ended in failure. Talks were scheduled with six MPs who left the former Velichie Group and are close to the..
The efforts to put out the fire on the Greek Bulgarian border continue. Two aircraft sent by France under the EU civil protection mechanism will join..
The BG-ALERT system has issued an evacuation warning for the residents of five villages in the municipality of Strumyani due to the large fire that..
On Tuesday there will be sun and temperatures will be high in the Western part of the country. Over Eastern Bulgaria there will be clouds and,..
Clear