The budget deficit will be able to exceed 3% of gross domestic product in exceptional circumstances. This was decided by the parliament with the adoption of amendments to the Public Finance Act at second reading. According to the current regulations, the budget deficit could not exceed 2% of GDP.
In April, due to the coronavirus crisis, the European Commission allowed each member state to temporarily exceed a deficit of 3%, reporter Dobrina Karambolova informed.
''Bulgaria can have a strong voice within the European family, rather than waiting for different groups within Europe to decide for us'' , Vice President Iliana Iotova said after the official ceremony in Sofia on the occasion of March 3. Iliana..
The National Day of Bulgaria was celebrated with the laying of flowers and wreaths at the Monument to the Unknown Soldier in Sofia and the raising of the national flag. The ceremony was attended by Vice President Iliana Iotova, Minister of..
Heads of state and leaders from around the world congratulated the Bulgarian people on their National Day in congratulatory addresses sent to President Rumen Radev on the occasion of the 147th anniversary of the Liberation of Bulgaria. On behalf of..
Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year,..
Heads of state and leaders from around the world congratulated the Bulgarian people on their National Day in congratulatory addresses sent to President..
Twenty-five children and young people who survived kidnapping by the terrorists from Hamas in the tunnels under Gaza, or whose parents are still held..
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