The Ministry of Finance has published the draft of the State Budget Act for 2023. It envisages that at the end of the year inflation will be 5.6%. The projected GDP growth is 1.8 percent, relying on rise in exports and consumption...
The state finances are stable and there is no threat to the currency board, to the lev-euro exchange rate, to wages and pensions , caretaker Prime Minister Galab Donev said in an interview with Nova TV. According to him, in the..
The Economic Police is checking the Sofia Municipality for illegal spending of funds accumulated from the municipal waste tax. The investigation started after media publications. During the inspection it has been established that..
We end 2021 with a budget deficit of around 3%, as allowed by the Maastricht Treaty on the fiscal rules of the EU Member States. It is realistic that the 2022 budget would be adopted by parliament in February and there would be deficit. The..
At the end of November, the European Commission adopted a package of measures to improve the ability of companies to raise capital across the EU and to ensure that Europeans receive the best offers for their savings and investments . At a..
The S&P Global Ratings have confirmed Bulgaria's long-term credit rating of 'BBB/A-2', the Bulgarian Ministry of Finance reports. The medium-term economic consequences of the pandemic are manageable. Recovering domestic..
Representatives of the four political forces, which are discussing the possibility of forming a coalition government have agreed that the taxes on some goods should remain lower as an anti-crisis measure. Representatives of "We..
Bulgaria is able to cope with the coming crises without higher budget deficit. This is what caretaker Minister of Finance Assen Vassilev said in parliament. He presented the parameters of the budget update for the current year. It envisages..
Standard & Poor's have upgraded Bulgaria's long-term and short-term credit rating in foreign and local currencies to "BBB- / A-3" from "BB + / B". The raised rating reflects strengthening of the country's external position as a result of the prolonged..
