"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 total output at basic prices from the agriculture sector in 2024 amounts to €4,970.1 million, which is 7.9% less compared to the previous year. This decline is due to two main factors: a 3.2% decrease in the quantity of agricultural..
One of the largest cargo ships in the world docked for the first time at the Port of Varna, delivering 58,000 tons of rapeseed, BGNES reported. The shipment arrived from Canada and will be refined in Bulgaria. The delivery was made due to a..
Fitch Ratings has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Positive Outlook, reported BTA. ''Bulgaria's ratings are supported by its strong external and public finance balance sheets versus..
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has..
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