In the period January to September 2016 Bulgaria’s balance of payments not only remained positive, but has also registered improvement. For the first nine months of the year the balance of current and capital account of the state is positive, reaching 3.1194 billion euros or 6.9% of projected GDP, while in the same period of 2015 it was 1.9854 billion euros or 4.4 percent of GDP. The trade balance since the beginning of the year is negative and totals 1.0881 million euros or 2.4 percent of GDP. However, over the same period last year the deficit was considerably higher - 1.6118 billion euros or 3 6% of GDP.
There will be no increase in taxes or suspension of social payments, Minister of Labor and Social Policy Borislav Gutsanov said in an interview with public broadcaster BNT. Borislav Gutsanov stated that the Ministry of Labor and Social Policy..
Temperatures in the mountains are relatively high for the season and it is windy and foggy on higher ground. However, the conditions for winter sports and hiking in the mountains are good, reported BTA. On Friday it rained in some mountain areas,..
The convergence report for joining the Eurozone will be requested after February 18, when the draft state budget is submitted. In an interview with public broadcaster BNT, Bulgaria’s Prime Minister Rosen Zhelyazkov stated that the draft budget..
Personnel and military equipment will be transported through the territory of Bulgaria between January 24 and February 9. The Ministry of Defense..
"I categorically want to put an end to all insinuations that Bulgaria is abandoning its goal of joining the Eurozone within the next year", said..
In a statement on behalf of "We Continue the Change – Democratic Bulgaria", MP Martin Dimitrov stated that the ''first action of the new government is..
Mostly Cloudy
Partly Cloudy
Cloudy