Finance Minister in the caretaker cabinet Rositza Velkova has asked the ministries, by letter, to cut expenditure by 20% due to a risk to the budget, Trud and 24 Chasa write in their online versions. The cause for concern is the..
For more than 15 years, the United States and the Republic of Bulgaria have enjoyed a robust security partnership as treaty Allies, with a shared commitment to the security of the Balkans, Eastern Mediterranean, and Black Sea regions, reads a fact..
57% of Bulgarians support NATO. 22 percent want the country to withdraw from the alliance, reads NATO's annual report presented by its Secretary General Jens Stoltenberg . Support for NATO in the member states is 62 percent, and 11% are opponents of the..
Bulgaria, alongside Sweden, Greece, Cyprus, Finland, Portugal and the Netherlands are the best performers in terms of EU Cohesion policy spending , the European Commission writes. During the 2014-2020 programming period Bulgaria had..
In 2020 Bulgaria undertook anti-crisis policies which cost 6 . 7% of the country’s GDP in 2019, the average European spending being 14.3%, indicates an analysis by the Institute of Social and Trade Union Studies of the Confederation of..
“Despite the coronavirus crisis, the state is not going to reduce the budgeted spending,” said Finance Minister Vladislav Goranov in Stara Zagora. He pointed out that the government’s 60/40 measure has helped 282,000 people keep their jobs,..
The average aggregate income per household member for the first quarter of 2020 was EUR 875 , an increase of 12.7% compared to the same period of 2019. Salaries account for the biggest share of incomes - 58.5%, followed by pensions -..
