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.
Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year, Energy Minister Zhecho Stankov said in an interview with the BNR. Bills will not go up with the..
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 hostage by Hamas, were gifted a 10-day ski vacation in Bulgaria’s winter resort of Bansko by the..
In the divisive times we are living in it is more important than ever to unite and support one another, said President Rumen Radev at last night’s official iftar dinner in Sofia marking the beginning of Ramadan, the holy month for Muslims. In his..
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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