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.
“We Continue the Change” party has declared full support for President Volodymyr Zelenskyy and the Ukrainian people, who in the most difficult times are defending not only their national interests against the aggressor, but also..
President Rumen Radev will host the traditional Iftar dinner on the occasion of the beginning of the holy month of Ramadan for Muslims. Representatives of the Muslim community, other basic denominations, diplomats, public figures..
On the day of the third boycott of large retail chains their turnover increased by over 1 million euros, according to data from the National Revenue Agency. A day earlier, traders reported revenue of over 12,7 million euros, while on..
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..
Cloudy weather with rain and snow On Monday there will be considerable clouds over most of the country, with rain and snow in some parts of..
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