The draft budget for 2023 is ready, Minister of Finance Assen Vassilev said. The bill is due to be published for public consultation and to enter parliament in early July.
Within the framework of the Sofia Economic Forum IV, Vassilev pointed out that the budget includes measures for a deficit of 3% without affecting social policy and taxes, but with higher tax collection envisaged. Minister Vassilev expects that "this year the wage rise will be twice the rate of inflation". According to him, if wages in our country continued to grow faster than GDP, the country would cope with the shortage of high-quality labor.
BSP announced that the budget is anti-social and they would not support it. "This is an accounting document, not a policy-making tool," summed up BSP leader Korneliya Ninova and specified that her party would prepare an alternative budget.
The European Public Prosecutor's Office (EPPO) in Sofia has filed an indictment with the Sofia District Court against the manager and owner of a company suspected of fraud in a public procurement procedure to the tune of €4.5 million (BGN 8 838 308)...
Deepening the strategic partnership between the United States and Bulgaria should be a top priority for bilateral cooperation between our new administrations, Prime Minister Rosen Zhelyazkov told US Vice President J.D. Vance, with whom he had a brief..
Bulgaria’s Minister of Energy Zhecho Stankov met, in Washington, with Laura Lochman, US Acting Assistant Secretary of the Bureau of Energy Resources. The two discussed the construction of a vertical gas corridor for diverse and sustainable gas..
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
From February 10 to 22, the largest NATO military exercise of the year, Steadfast Dart - 2025 (STDT25), will be held in the areas of the Tsrancha..
By the end of September, Bulgaria will receive eight F-16 Block 70 fighter jets, Minister of Defence Atanas Zapryanov has told Nova..
+359 2 9336 661