Bulgaria’s cabinet has adopted the framework of the 2022 state budget, Premier Kiril Petkov and this country’s Minister of Energy Alexander Nikolov announced at a joint briefing after the extraordinary sitting of the government. In Premier Kiril Petkov’s words, the 2022 state budget is a budget of economic growth. Investments by the state will increase from 2.1% of the GDP to 5.8% of the GDP. The budget deficit including the Covid-19 measures will amount to 4.1% of the GDP.
Kindergartens will be free-of-charge as of April, Premier Petkov promised. No pensioners will be living under the poverty line, Kiril Petkov further said. All measures aimed at providing financial assistance to businesses, including the 60:40 wage support scheme, will continue in the next 6 months. The policies aimed to shield companies against high electricity prices will continue as well. “The new budget focuses on capital investment and human capital. It will make sure no one is left under the poverty line”, Premier Petkov summarized. The new budget has to be voted in Parliament.
On 15 June, Unit 6 of the Kozloduy Nuclear Power Plant will be shut down for planned preventive maintenance due to a detected malfunction in the oil system of the unit transformer in the non-nuclear part and indications of a heat transfer medium leak..
Speaking in Stara Zagora at the Fourth National Convention of the Reserve Army, President Rumen Radev stressed the need for basic military training for the younger generation. A debate needs to be held on whether young people in Bulgaria should receive..
Rainfall in Bulgaria so far has been below climate norms. Viktoria Kleshtanova, a weather analyst at the National Institute for Meteorology and Hydrology (NIMH), told BNR that the cumulonimbus cloud cover overnight was at its thickest in the Central..
After last night's storm, accompanied by hail and strong winds, several municipalities in Bulgaria suffered serious damages and..
Speaking in Stara Zagora at the Fourth National Convention of the Reserve Army, President Rumen Radev stressed the need for basic military training for..
Rainfall in Bulgaria so far has been below climate norms. Viktoria Kleshtanova, a weather analyst at the National Institute for Meteorology and Hydrology..
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