Bulgaria’s Minister of Finance Temenuzhka Petkova said that she is concerned about the current state of the country’s finances, which, according to her, is a result of unreasonable policies in this area over the past three years. According to Temenuzhka Petkova, the deficit is 18 billion BGN (EUR 9 billion). The state will not be able to make large investments in infrastructure by the end of March, Minister Petkova said. According to her, the longer there is no regular budget, the larger the deficit will be, which is why a law with the necessary measures must be drafted in the shortest possible time.
Earlier today, the government headed by Rosen Zhelyazkov decided to withdraw the 2025 draft budget, as well as the draft bills on the State Social Security and the National Health Insurance Fund submitted by the previous caretaker cabinet. The tax legislation package will also be pulled out. The government will propose a new draft budget by February 14.
At the beginning of the first meeting of the new cabinet, Premier Zhelyazkov justified the decision by stating that a more accurate assessment of the budget's capabilities and the medium-term budget forecast needs to be made.
In the next 24 hours, over most of the country cloud cover will remain significant with temporary breaks. In the morning, visibility will be reduced in some places. On Friday , the wind will be weak, mainly from the east. In the..
If Bulgaria meets the eurozone criteria, there is nothing to stop it adopting the euro on 1 January 2026. This is what Brussels sources told BNR correspondent Angelina Piskova. They said that the decision should be taken by the EU Council. This is..
In line with the example set by Croatia, followed by Greece, Romania, Slovenia, North Macedonia, Montenegro, and Bosnia and Herzegovina , four organizations in Bulgaria declared January 13 a day for boycotting the large retail chains in protest of high..
A photograph in the media of Minister of Labour and Social Policy Borislav Gutsanov (Bulgarian Socialist Party), MEP Kristian Vigenin (Bulgarian..
With 197 votes “for”, the National Assembly unanimously approved, at first reading, a full ban on the import, trade in, supply, distribution and sale,..
94% of workers in Bulgaria are dissatisfied with their salary, shows a survey conducted by Podkrepa Confederation of Labor. 91% of the respondents in..
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