The Bulgarian Finance Ministry has reported that the balance on the consolidated fiscal program for 2016 is positive and to the tune of close to 1.5 billion leva /about 750 billion euro/. The amount corresponds to about 1.6% of the prognosticated GDP of the country. The previous year saw a deficit to the tune of 2.8% of GDP meaning that compared to the same period of 2015 the budget’s position has improved by 4.4 percentage points.The year 2016 has been the first fiscal year since 2008 to see a surplus of the consolidated fiscal program.
The National Day of Bulgaria was celebrated with the laying of flowers and wreaths at the Monument to the Unknown Soldier in Sofia and the raising of the national flag. The ceremony was attended by Vice President Iliana Iotova, Minister of..
Heads of state and leaders from around the world congratulated the Bulgarian people on their National Day in congratulatory addresses sent to President Rumen Radev on the occasion of the 147th anniversary of the Liberation of Bulgaria. On behalf of..
There are positive demographic trends in the country, but no one talks about them, Associate Professor Georgi Bardarov said in an interview with bTV. The head of the Department of Socio-Economic Geography at Sofia University emphasized that 10 years..
Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year,..
Heads of state and leaders from around the world congratulated the Bulgarian people on their National Day in congratulatory addresses sent to President..
Twenty-five children and young people who survived kidnapping by the terrorists from Hamas in the tunnels under Gaza, or whose parents are still held..
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