The expected budget surplus for the first six months of 2016 is 3.5% of the GDP, Finance Minister Vladislav Goranov said. "I can state that we will be far from the 2% deficit laid out in the consolidated fiscal program for this year. We expect a surplus at about 3.5% of GDP for the first half of 2016. This is a good result that guarantees the stabilization of public finances”, Goranov explained. He added that based on moderate optimism it could be claimed that Bulgaria – against the background of the geopolitical and economic instability – had fared relatively well, in fact much better than in recent years.
The Balkan Stream gas pipeline will not be subject to US sanctions for transactions with Russia's Gazprombank. This was revealed in a written answer to a parliamentary question to Energy Minister Zhecho Stankov. On December 23, 2024, the Ministry of..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev met with North Macedonia’s Foreign Minister Timco Mucunski during the Munich Security Conference. Georg Georgiev emphasized that Bulgaria's position regarding the European integration of North..
The weather will be cloudy during the next 24 hours. Snow will fall in the northeastern part of Bulgaria, which will spread to many regions of Northern Bulgaria during the day. It will rain in the southern parts of the country. Snowfall will be..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
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