"Whatever the budget is, things will be difficult," caretaker Minister of Agriculture Yavor Gechev told BNR. "Whether the deficit is 3% or 6%, the money will not be enough to implement policies to catch up with Europe," Gechev added.
"The budget reflects the rise in social spending. The figures show that the deficit will be 6.4%. Everything is in the hands of the MPs; they are elected to make the specific decisions," Gechev also said.
A new loan from the International Monetary Fund is a very extreme scenario, just a hypothesis. We are very far from that, Deputy Prime Minister for European funds, Atanas Pekanov, told Nova TV.
Translation: Al. MarkovThe likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single currency. The signals are coming both from the Bulgarian government, which has repeatedly stated..
The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..
An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...
+359 2 9336 661