“Doling out money gratuitously to people in need is impossible because the resources are limited. The government would come out of the crisis with a huge deficit,” Ivan Kostov, Prime Minister of Bulgaria in the 1997-2001 period said for the Bulgarian National Radio.
“According to the EU, the country’s GDP is going to go down by 7.2%. That means EUR 4.2 billion. There is no way the government can find the billions needed to compensate for all incomes. Calls for such a thing are populist. Even if it does find the money from somewhere, it couldn’t be absorbed and will only give rise to corruption,” Ivan Kostov said. He added that Bulgaria is not the only country where measures to address the damages are taken under pressure and urged for taxes not to be changed mid-year.
Twenty left-wing formations will sign a coalition agreement by the end of next week for general participation in the next parliamentary elections, announced the acting chairman of the BSP, Atanas Zafirov. He explained that his party is in an advanced..
On the occasion of the Independence Day of Ukraine, the historical building of the Bulgarian Parliament was illuminated with the colors of the Ukrainian flag. "The celebration of Ukraine's Independence Day is an expression of Bulgaria's solidarity..
A photo exhibition dedicated to renowned Bulgarian basso Boris Christoff opens in Sofia on 28 August. The exposition is organized by Plovdiv municipality’s Culture, Archaeology and Cultural Heritage department, and celebrates the 110 th birth..
The European Prosecutor's Office in Sofia has seized property as part of an investigation into a project worth 2.6 million euros (5.2 million leva),..
The queue of trucks in the area of the Danube Bridge border crossing near Ruse is two kilometers long . The remaining heavy load trucks wait mainly in..
The Prime Minister of the Republic of North Macedonia Hristijan Mickoski stated that there will be personnel changes in the Joint Multidisciplinary..
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