The 2023 state budget does not tighten belts and does not cut social costs, Bulgaria’s Minister of Finance Assen Vassilev said for the BNR. We manage to collect taxes and maintain social spending without raising taxes. We inherited from the caretaker cabinet a deficit of EUR 600 million at the end of May, and in June there is a surplus of EUR 100 million, Assen Vassilev explained.
The targeted GDP growth of 1.8% will be achieved. There are no concerns that the budget deficit will exceed 3%. "The budget framework is going to withstand unless a second Chernobyl happens at the Zaporizhzhia NPP. Any requests for wage increases lead to new demands. Money should not be poured into unreformed sectors. If MPs support pay rises in some sectors, that is their decision”, Minister Vassilev added.
The formation of the next aid package for Ukraine is at the final stage and it can be submitted to the Council of Ministers today, said caretaker Minister of Defense Atanas Zapryanov, who participated in a conference on the occasion of..
The return of the second mandate was not unexpected, deputy chairman of the BSP Kristian Vigenin said. According to him, forming a government within the framework of the 50th parliament is increasingly difficult to achieve. However,..
President Rumen Radev handed over the second exploratory mandate to form a government to the second largest parliamentary group in the 50th National Assembly - "We Continue the Change" - "Democratic Bulgaria" coalition (PP-DB). At the handing..
On Sunday a cold front will sweep across the country from West to East. There will be clouds and, in the afternoon, brief showers, thunderstorms and..
A state of emergency remains in force in seven villages in the border municipality of Bolyarovo. The fight against the fire at the village of Voden..
A fire has started in Greece a kilometre and a half from the Bulgarian border and is slowly moving towards it. The fire is located in an extremely..
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