Bulgaria’s Ministry of Finance announced that the balance of the Consolidated Fiscal Programme on a cash basis for 2016 is positive for the first time since 2008. The budget surplus is to the tune of EUR 768 million and will be go to the fiscal reserve. The relative share of the GDP of the CFP balance has improved with 4.4% basis points as compared to 2015 when the state budget registered a deficit of 2.8% of the GDP.
President Rumen Radev has vetoed the legislative amendments related to the appointment of a special commercial administrator in the Lukoil refinery in Burgas. The head of state said that the amendments undermine the legal order in..
"As of today, there will be no acting mayor of Varna and the position will be held by the legally elected mayor Blagomir Kotsev," said deputy Pavel Popov at a press conference. According to him, Kotsev will fulfill his duties and the..
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..
On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in..
The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended..
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