The state budget surplus has melted away by almost 150 million euro in the space of one month. At the end of September, it was more than half a billion euro, at the end of October it stands at 362.5 million euro.
According to the Ministry of Finance, the main reason for this are the social and health insurance payments. As of 1 October, the monthly supplement for pensioners went up from 25 to 60 euro. With health insurance costs, the sums have dwindled because of the efforts to contain the pandemic and the mechanisms for financing medical establishments in the conditions of the extraordinary epidemic situation.
And while, as is usual, the growth in expenditure has been increasing in recent months, the growth of the revenue collected has begun to slow down. A monthly deficit of 171.5 million euro is even expected in October.
As of the end of September there was 5.1 billion euro in the fiscal reserve.
On Tuesday, the cloudiness will still break and decrease from the north , it will be mostly sunny in Northern Bulgaria . Overcast skies are expected in Southeastern Bulgaria and the Rhodopes, where light snow will still fall in places...
President Rumen Radev will hand over the first exploratory mandate to form a government on Wednesday January 15 at 12 noon, the head of state's press secretariat said. The mandate will be given to the prime ministerial candidate nominated by the largest..
An analysis by experts from the Confederation of Independent Trade Unions in Bulgaria (CITUB) shows that the cumulative growth of inflation (measured by the Consumer Price Index) over the last four years (from the beginning of 2021 until now) is..
Bulgaria has no errors in the absorption of EU funds in agriculture and natural resources for 2023, according to the annual report of the European..
The Department ''Economics of Natural Resources'' and the Scientific Research Center for Agrarian Business and Nature Use at the University of National..
A scientific team with Bulgarian participation has shown the presence of three exoplanets in one of the most interesting multi-planet systems discovered..
+359 2 9336 661