If no regular government was formed, the caretaker cabinet would propose implementing this year's budget after January 1, Finance Minister Rositsa Velkova has told the parliament. The caretaker cabinet has no power to make policies and will keep the existing ones. The surplus in the treasury is below 500 million euros. This is not optimistic because the biggest costs are still ahead, Velkova said.
The fiscal reserve as of September 30 is over 6 billion euros, but without new loans by the end of 2022 it will fall below 2.6 billion euros, which is close to the minimum allowed.
In Bulgaria a working person needs at least 660 euros a month, while for a three-member family of two adults and a child, the sum reaches 1186 euros. The living costs have increased by 20% for a year, CITUB, which is the largest trade union in Bulgaria, reported.
Financial and tax stability has been shaken in recent years so it is good that a government has been formed, said Vasil Velev, chairman of the Bulgarian Association of Industrial Capital, at a joint press conference of employers. "Romania was..
The Ukrainian parliament has authorized the purchase of two Russian nuclear reactors from Bulgaria, Euractiv reports. The energy committee of the Ukrainian parliament greenlighted the purchase of two old Russian nuclear reactors to expand the..
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
Rain / Snow
Rain
Snow
Wet snow