The state budget balance as of May 31, 2020 is positive, totaling over 671 million euros, the Ministry of Finance has reported. The positive balance is formed as revenues are 422 million euros more than expenditures. Separately, 249 million euros were received from European funds.
As of May 2020, this country has received revenues of over 9 billion euros, which is 39.7 percent of the planned annual revenues. Tax and non-tax revenues decreased compared to May 2019 by EUR 741 million or 8.2% less. Revenues from EU funds and programs for the same period rose by EUR 187 million or 37%. Fiscal reserve at the end of May 2020 reached 5.2 billion euros.
To insist on seeking a military settlement to the conflict in Ukraine is a losing venture. Europe should support the efforts of the US to find a better solution, said President Rumen Radev at the Chief of Defence Annual Conference in Sofia. At..
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US President Donald Trump and French President Emmanuel Macron at the White House. “The institutions in..
Bulgaria is to take part in common procurement procedures in the sphere of defence at an EU level, under projects for the acquisition of IRIS-T air defence systems and CAESAR self-propelled howitzers. The Ministry of Defence applied for and..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
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