The lack of a regular parliament puts the state at risk of starting the new year without a budget, Petar Ganev, a senior researcher at the Institute for Market Economics, has told the BNR.
According to law, the budget for 2022 must be submitted for discussion and adoption in parliament by October 31st. If a government is formed in December and there is no budget approved by parliament, there is a risk of starting the new year without a law on public spending. In such a case the government would be able to spend only 1/12 of the previous budget per month and this would be extremely insufficient. In the absence of a strong center of power, "everyone near the government may try to seize the initiative and propose new expenditures," the expert says.
The National Statistical Institute (NSI) expects a high evaluation from the inspection of the Organisation for Economic Co-operation and Development (OECD), said NSI President Assoc. Prof. Dr. Atanas Atanasov. A report will be released by the end..
In the modern world, it is no longer enough to know the individual monetary units of countries and to know how their currencies relate to the Bulgarian lev. Converting leva into euros and vice versa is not part of financial literacy in today's extremely..
The Romanian company OMV Petrom, which is part of the Austrian OMV, has taken over as operator of the Han Asparuh perimeter in Bulgaria. OMV Petrom replaced Total Energies as the operator of the Han Asparuh deep water perimeter in Bulgaria, according to..
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