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.
Overnight it will be clear and almost quiet. Sunday will be sunny, with cumulus clouds over the mountains and mountainous areas in the afternoon. In some places, mainly in the Rila-Rhodope area, it will rain, possibly even thunder. Maximum..
The BSP will remain in opposition and will not support a government with the mandate of neither GERB, nor DPS. The decision was taken by the BSP National Council. This is what Atanas Zafirov told journalists, who will serve as interim chairman of the BSP..
Bulgaria is among the countries in Europe where the tiger mosquito, which carries viruses such as dengue and zika, has become established. This was announced by the European Centre for Disease Prevention and Control and warned of a rise in mosquito-borne..
After last night's storm, accompanied by hail and strong winds, several municipalities in Bulgaria suffered serious damages and..
Speaking in Stara Zagora at the Fourth National Convention of the Reserve Army, President Rumen Radev stressed the need for basic military training for..
Rainfall in Bulgaria so far has been below climate norms. Viktoria Kleshtanova, a weather analyst at the National Institute for Meteorology and Hydrology..
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