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 Prosecutor's Office has initiated pre-trial proceedings against members of the Sectional and Regional Election Commissions in Stara Zagora, Kardzhali, Blagoevgrad and Sofia. During an inspection by the Constitutional Court in connection with a case..
Bulgarian President Rumen Radev submitted to the 51st National Assembly a proposal to hold a national referendum with the question "Do you agree that Bulgaria should introduce the single European currency "euro" in 2026?" The proposal is based on the..
80 years ago, on May 12, 1945, an Ordinance-Law on Marriage was promulgated in Bulgaria's State Gazette, which entered into force on May 27, 1945 . With its adoption, mandatory civil marriage was introduced as the only valid form of marriage. On the day..
Public transport workers in Sofia have announced a protest for Wednesday, 14 May, which is expected to cause significant disruption before noon. Although..
Bulgaria’s Minister Finance Temenuzhka Petkova has assured the European institutions that the adoption of the euro on January 1 next year remains a key..
A protest under the slogan "Decent work - decent remuneration! There is no economy without transport!" stopped the operation of all..
Mostly Cloudy
Partly Cloudy
Clear