If the budget update was not approved, the cost of servicing government debt would become higher, Deputy Prime Minister and Minister of Finance Assen Vassilev pointed out and added that the changes in the budget envisage the limit of new government debt this year to rise by 1.5 billion euros to 5 billion and 150 million euros.
According to Vassilev, the hike will be used to repay next year's debt, with the difference likely to be almost 1 percentage point. This is a significant expense for the budget, which can be avoided if the debt was issued this year, Vassilev said.
On June 28 and 29th, the city of Razlog, in the region of Blagoevgrad, will present the magic of Bulgarian folklore. In these days, the XIII Festival of traditional horo dance will be held on the central square "Preobrazhenie". The..
Ivan Ivanov, chairman of the Energy and Water Regulatory Commission, announced that a decision would be taken today on how to compensate green energy producers. The compensation will be for the losses they have suffered due to the high price of..
During the next 24 hours, cumulus clouds will develop again over the western half of the country. At night, there will be short-term rainfalls and thunderstorms in many places. There are conditions for hail and local intense phenomena..
Bulgarian prosecutors and the FBI have worked together to uncover an embezzlement scheme involving Ruja Ignatova , acting Prosecutor-General Borislav..
An alert of the highest threat level issued by one of the most influential intelligence services in the world is the reason why the home of GERB leader..
At the European Council, Bulgaria will insist on including a text on the Republic of North Macedonia in the adoption of the conclusions of the meeting ,..
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