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Council of Ministers building

Bulgaria’s cabinet to sumbit a proposal to the Parliament to extend 2021 state budget until March 31, 2022

Bulgaria’s cabinet has proposed that the 2021 budget be extended until March 31, 2021. On objective grounds , the 2022 state budget will not be adopted before the beginning of the next budget year, the government's press office announced . In..

22.12.21 16:46 |

Bulgaria reports record increase in state revenues

The National Revenue Agency and the National Customs Agency are the main authorities engaged in revenue collection. They collect taxes and excise duties that go to the state budget. The two institutions have reported record-high revenues. The..

14.12.21 12:24 |

State budget will be adopted in January 2022

Before the new Bulgarian government takes oath, the caretaker cabinet has suspended the procedure for the prepared budget for 2022 . The plans are for the budget to be approved in January, and until then the state to spend 1/12 of the money provided for..

13.12.21 12:13 |

Pension expenditure increases by nearly EUR 450 million

Bulgaria’s caretaker cabinet approved a report on the implementation of the state budget for the first 9 months of 2021. At the end of September, the fiscal surplus exceeded EUR 500 million. According to this country’s Ministry of Finance, revenue..

10.11.21 10:37 |

Bulgarian National Bank to sell five-year government bonds amounting to EUR 250 million

The Bulgarian National Bank is planning to hold an auction for the sale of five-year government bonds amounting to EUR 250 million. The auction is expected to be held on November 8. Since the beginning of 2021, Bulgaria has sold government bonds to..

02.11.21 13:50 |

State budget surplus has melted away by 150 million euro

The state budget surplus has melted away by almost 150 million euro in the space of one month. At the end of September, it was more than half a billion euro, at the end of October it stands at 362.5 million euro. According to the Ministry..

30.10.21 16:49 |
CITUB President Plamen Dimitrov

CITUB calls for emergency support measures, warns of the danger of riots

Inflation in Bulgaria is gaining momentum and prices continue to rise. The Confederation of Independent Trade Unions in Bulgaria (CITUB) forecasts that annual inflation will exceed 6%. CITUB insists that the 2021 state budget be amended for the second..

26.10.21 13:23 |

Road construction workers protest again in Sofia

Road construction workers are protesting for the second consecutive day in central Sofia. The companies from Bulgarian Branch Chamber “Roads” insist that they receive at least EUR 300 million until the end of 2021 out of all EUR 450 million due...

12.10.21 13:00 |

During the night, the National Assembly adopts the updated state budget

At a midnight session, the MPs in the National Assembly adopted at second reading the update of the state budget. Thus, the revenue part increases by BGN 2.5 billion and the expenditure part by BGN 2.3 billion. The main focus is on the measures in..

11.09.21 10:52 |

BSP to return its cabinet-forming mandate on September 7

The Bulgarian Socialist Party will return the mandate to form a government on Tuesday (September 7). This was decided by the National Council of Socialists after a three-hour session. It has been decided that the party will not nominate a prime minister...

02.09.21 18:06 |
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