The General Government sector reported a deficit of EUR 2.8 billion, or 4.1% of the country’s gross domestic product, preliminary data of the National Statistical Institute indicate. The deficit in Central Government amounted to EUR 3.3 billion, or 4.8% of the GDP, while Local Government reported a surplus to the tune of EUR 75 million. The Social Security Funds generated a surplus to the tune of EUR 414 million.
Meanwhile, the government debt reached EUR 17 billion, or 25.1% of the GDP - a record high since the introduction of the currency board in 1997.
The National Museum of Literature celebrates 174 years since the birth of Ivan Vazov. The celebration also marks the round anniversary of the first independent Bulgarian edition of the novel "Under the Yoke", published in 1894 by the publishing house..
From July 9 to 11, Caretaker Prime Minister and Minister of Foreign Affairs Dimitar Glavchev will participate in the NATO Summit in Washington. The delegation led by Premier Glavchev will include caretaker Minister of Defense Atanas Zapryanov,..
The former leader of the Bulgarian Socialist Party (BSP) and member of the 50th National Assembly, Korneliya Ninova, has described the situation in the country as a collapse of the state. According to Ninova, the inability to form a cabinet is a sign..
Wednesday will be hot and sunny. There will be clouds in the afternoon, but rain will only fall in parts of Eastern Bulgaria and in the mountains...
The National Museum of Literature celebrates 174 years since the birth of Ivan Vazov. The celebration also marks the round anniversary of the first..
The start of the major repair of the Danube Bridge near Ruse is the reason for a serious conversation about the connectivity between..
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