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.
The Bulgarian Embassy in Beijing said that there are currently no reports of Bulgarian citizens injured in the earthquake in Tibet, China, the Ministry of Foreign Affairs told BTA. At least 95 people have died following the powerful earthquake..
Negotiations for the formation of a regular government within the 51st National Assembly have not resumed at this stage. At the end of last week, GERB-SDS announced that they were terminating the negotiations with Democratic Bulgaria, BSP-United Left..
We Continue the Change – Democratic Bulgaria has submitted a bill to amend the Electoral Code to ensure that the votes of Bulgarian citizens are counted according to their free will. "Because of the obvious shortcomings of the current practice and..
At the end of 2024, Bulgaria's macroeconomic indicators fully met the Maastricht criteria for Eurozone membership, BGNES informs...
Cadets from Vietnam are training at the Georgi Benkovski Air Force Academy in Dolna Mitropolia. This year they will study Bulgarian,..
On January 6, Epiphany, Bulgarians celebrate 177 years since the birth of poet and revolutionary Hristo Botev. On this occasion, the..
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