A surplus to the tune of EUR 450 million has been registered in Bulgaria’s state budget in the first nine months of 2020. A lot of money is to be spent in the last months of 2020 for another consecutive year. The big surplus is due to capital expenditure. Therefore, it does not seem to me that there will be serious amendment to the state budget, Petar Ganev from the Institute for Market Economics commented for BNR.
Petar Ganev predicted that it is unlikely that the European Union will suspend EU funds for Bulgaria in 2021. On the opposite, more money is to be absorbed in this period in response to the coronavirus crisis, the expert contends. However, the budget deficit will be higher due to the measures adopted against the Covid-19 crisis.
The Chairman of the Security Services Control Committee, Atanas Atanasov, has summoned its members to a meeting today. A day after the official "yes" to Bulgaria's accession to the eurozone on January 1, 2026, the MPs will hear the..
On Thursday, the lowest temperatures will be between 11 and 19°C. In Sofia it will be 13°C. During the day the cloudiness will be variable, decreasing to sunny over many areas. There will be short showers only in the mountains of..
On Friday, the National Assembly will vote on a no-confidence motion against the cabinet of Prime Minister Rosen Zhelyazkov over ''failures in environmental and water policy''. The fourth no-confidence motion against the current government was tabled..
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions,..
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
Bulgaria reacted swiftly to a forest fire near the town of Kriva Palanka, North Macedonia, which is located near the Bulgarian -North Macedonian border...
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