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.
Bulgaria will be the intersection point of two NATO logistics transport corridors. Under an agreement signed at the NATO Summit in Washington, Italy, Albania, North Macedonia and Bulgaria will cooperate within the Pan-European Transport Corridor No...
Most political forces in parliament commented on what is happening in the Movement for Rights and Freedoms (DPS) as internal problems of DPS. According to the chairman of the GERB-SDS parliamentary group, Boyko Borissov, the fact that there is a..
After 17 MPs from the Movement for Rights and Freedoms, MRF, were expelled, among them the party’s other co-chair Dzevdet Chakarov, MRF MP Ahmed Vranchev expressed, in written form, a desire to leave the Movement’s parliamentary group. DPS..
The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in..
Saturday will be sunny and hot. Clouds will form in the afternoon, and there may be brief showers in isolated places in the Eastern part of the..
“No towns or villages are at risk from the fires that have broken out around the country,” Chief Commissioner Alexander Dzhartov, Director of the..
Clear
Partly Cloudy