Bulgaria’s cabinet has approved a report on the fulfillment of the state budget and the main indicators of the consolidated fiscal programme for the first nine months of 2016. The balance of the consolidated fiscal programme by September 2016 is positive to the tune of EUR 1.7 billion (3.8% of the estimated gross domestic product). The surplus in the state budget amounted to EUR 982 million. The surplus in the EU funds balance sheet is to the tune of EUR 713 million. The surplus in the consolidated fiscal programme in the period January-September 2015 was at EUR 319 million (0.7% of the country’s gross domestic product). Therefore, the budget position saw 3.1% improvement as compared to last year.
The National Assembly has established a National Decarbonization Fund after adopting amendments to the Energy Efficiency Act. The new structure will support households for energy efficiency measures. It is being established after..
Bulgaria has sufficient reserves of gasoline, diesel and aviation fuel, Energy Minister Zhecho Stankov said in the National Assembly, BNR reporter Violeta Ashikova informed. According to Stankov, four companies will be affected by..
“The excuses of the ruling coalition that they are waiting for the promulgation of the amendments to the Act on the Administrative Regulation of Economic Activities Related to Oil and Petroleum Products they themselves voted, in order to protect..
On Saturday, the lowest temperatures will be between 0 and 5°C; in Sofia - it will be around 0°C. During the day it will be mostly..
The Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense..
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil..
Partly Cloudy
Cloudy
Mostly Cloudy