Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev has refuted claims made by GERB-SDS, which are also the reasons of the two opposition parties for a motion of no confidence against the cabinet. The Finance Minister called the claims groundless. He presented data from the BNB on foreign investments in Bulgaria totaling 883 million euros in the first quarter of the year. When it comes to high inflation, he pointed out that this happens at pan-European level and EU countries were making joint efforts to curb it.
"The deficit is exactly as approved by the National Assembly. Exports have grown by 20% in all areas of the economy. Debt has also been reduced. Theft in the past is the reason we don't have good roads and hospitals," Minister Assen Vassilev has told the opposition.
The country's financial situation and preparations for this year's budget were discussed at today's meeting of the Joint Governance Council. Speaking at a briefing after the meeting, Prime Minister Rosen Zhelyazkov said that the government would not..
The Bulgarian government will work to restore the image of the country as a reliable economic partner and a promising location for investments and business. This was what Minister of Economy Petar Dilov said at a meeting with Boni..
There is chronic shortage of personnel in the wine sector, producers from Plovdiv say. Fewer young people want to work as technologists. The industry fears that the profession may disappear in the future. Annually, about 250..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I..
T he Federation of Consumers in Bulgaria, the movement “The system is killing us” and the Allied Pensioners Unions have called for a boycott of the high..
The Bulgarian Ministry of Foreign Affairs is urging the Bulgarian citizens on the Greek islands of the Cyclades, who have decided not to leave the..
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