“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.
An important meeting of the Bulgarian ambassador in Abuja promoted cultural exchange between Bulgaria and Nigeria , CBAAC News Journal reports. It is about the participation of His Excellency Yanko Yordanov in a cultural discussion with the Director..
Bulgarian Patriarch Daniil has called on the faithful to pray for the strengthening of the Ukrainian Orthodox Church, which is threatened with closure . He presided over the holy liturgy celebrated today in the church "St. Ivan Rilski" in Pernik...
Two little lynxes, born on June 11 of this year, are enjoying themselves in the capital's Zoo, Sofia Zoo announced. Their mother Quanta comes from the Munich Zoo, and their father Morgul comes from Vienna's Schönbrunn. Eurasian lynxes are..
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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