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.
Cadets from Vietnam are training at the Georgi Benkovski Air Force Academy in Dolna Mitropolia. This year they will study Bulgarian, after which their flight training will begin. This was what the head of the school, Brigadier General..
On January 6, Epiphany, Bulgarians celebrate 177 years since the birth of poet and revolutionary Hristo Botev. On this occasion, the atmosphere in Kalofer - Botev's hometown, is special, Dimitar Vladimirov from Radio Plovdiv has..
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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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