After a meeting with the president, We Continue the Change party stated the caretaker cabinet must submit a draft budget for 2023 to the National Assembly.
The deadline for submitting a budget for next year is today, 31 October. At an extraordinary meeting of the National Council for Tripartite Cooperation, Finance Minister in the caretaker government Rositza Velkova stated that the budget is the country’s financial plan and the government programme of the majority which has not yet been formed. In her words, there has never been a caretaker government under which a state budget has been adopted. At the Council meeting, the cabinet proposed, to the social partners and the employers, a bill on extending the implementation of the old, 2022 budget until a new, regular government is formed.
The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a new bridge over the Danube River between Giurgiu in Romania and Ruse in Bulgaria, reports..
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
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