The country's financial situation and preparations for this year's budget were discussed at today's meeting of the Joint Governance Council. Speaking at a briefing after the meeting, Prime Minister Rosen Zhelyazkov said that the government would not increase the social security burden and change taxes when preparing the budget for 2025. The budget will meet the legal requirements - spending up to 40% of GDP and a budget deficit not exceeding 3%.
However, he did not specify what spending restrictions would be imposed to maintain the 3% deficit. The exchange rate of the Bulgarian lev to the euro is fixed and will not change, Zhelyazkov assured.
In another development, Prime Minister Rosen Zhelyazkov has dismissed Lyudmila Petkova as deputy finance minister. She headed the Finance Ministry in two caretaker cabinets before her brief stint as deputy minister in Zhelyazkov's cabinet. Petkova was acting finance minister when reports emerged of a 19 billion leva shortfall in the state treasury.
Bulgaria's Constitutional Court has declared the election of 16 MPs in the current Bulgarian Parliament illegal . The decision was published on the institution's website. The Constitutional Court's decision makes it clear that after the..
62% of parents are categorically against the introduction of a mandatory subject "Religion and Orthodox Christianity", and only 10% consider the lack of religious education to be a significant problem. This is shown by a survey by the Parents..
Bulgaria has made a commitment to join the common European currency since the signing of the EU Accession Treaty. This was reminded by President Rumen Radev to students from Plovdiv University "Paisiy Hilendarski". The head of state's words were in..
The Bulgarian military contingent, which successfully returned from a peacekeeping mission in Kosovo, was welcomed with a ceremonial ritual in the..
On Wednesday, lows in Bulgaria will be 5 to 10°C. In Sofia, it will be around 6°C. Rain will still fall in southeastern areas before noon. The wind..
A draft law has been prepared with the aim of regulating the relations along the entire chain from food producers to buyers. It proposes markup limits,..
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
Mostly Cloudy
Overcast, rain