Bulgaria’s caretaker cabinet approved a report on the implementation of the state budget for the first 9 months of 2021. At the end of September, the fiscal surplus exceeded EUR 500 million. According to this country’s Ministry of Finance, revenue collection is going according to plan. However, the planned capital expenditure is lagging behind schedule. It amounts to EUR 61 million, whereas the planned capital expenditure is to the tune of EUR 1.2 billion.
Pension expenditure increased by nearly EUR 450 million, due to the monthly supplements paid to all Bulgarian pensioners. Health expenditure is also higher and is due to the coronavirus pandemic.
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..
Bulgaria's GDP per capita, expressed in purchasing power standards (PPS), remains the lowest in the EU, according to preliminary data from Eurostat, the official European statistics agency. In 2023, the purchasing power of European citizens ranges..
Joining the Eurozone later in 2025 is a possible scenario, and at this stage, it is a more likely one, Bulgarian National Bank Governor Dimitar Radev..
In 2023, the share of young people aged up to 29 neither in employment nor in education, stands at 13.8%, as compared to 15.1% a year earlier. Compared..
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