Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev presented the 2022 draft state budget. He called it a budget of economic growth, which invests in people, projects and infrastructure. The projected revenues exceed EUR 29 billion and costs are projected at more than EUR 32.2 billion.
The country’s GDP is expected to increase with 4.8% and the budget deficit is set to increase with 4.1%. Bulgaria will borrow new loans to the tune of EUR 3.5 billion. EUR 1.5 billion will be used to refinance old debts.
As of April 1, the minimum monthly salary will increase from EUR 323 to EUR 363. Pensions will increase with 6.1% from July 1. VAT remains unchanged at 20%, Minister Vassilev said. The state budget will be amended in July.
About 70 million euros were invested last year for improving the infrastructure of military bases, the caretaker Minister of Defense Atanas Zapryanov said. The Ministry of Defense issued 40 permits for the construction of new..
MPs have given themselves a three-day deadline to submit written proposals before the second reading of the amendments to the Judiciary Act, which aim to suspend the election of a new prosecutor general. The vote for the next chief..
I have not committed any crime, this is a political attack, the co-chairman of "We Continue the Change" (PP), Kiril Petkov, said before entering the Prosecutor's Office. Outside the building there were PP sympathizers and MPs who..
Bulgaria has made significant progress in meeting the criteria for inclusion in the U.S. Visa Waiver Program, caretaker Minister of Foreign..
The government's position is constant. The Bulgarian Orthodox Church (BOC) is one and indivisible, its unity is of particular importance..
Caretaker Minister of Defense Atanas Zapryanov took part in the 25th meeting of the Ukraine Defense Contact Group at the level of Ministers of Defence..
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