The EUR 100 million loan agreed with the European Bank for Reconstruction and Development can be taken if the country receives co-financing from the EU funds as well, GERB MP and Chairperson of the National Assembly Budget and Finance Committee Menda Stoyanova announced on Sunday in response to the statement of the Bulgarian Socialist Party that the cabinet has taken a loan worth EUR 100 million and was about to take new loans to the tune of EUR 3 billion. Stoyanova also points out that according to the three-year budget plan, the country's budget deficit has to be reduced by 2020. That is why Bulgaria does not have to borrow new loans, Menda Stoyanova went on to say.
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
The Embassy of Bulgaria in Washington hosted a reception for the Board of Executive Directors of the oldest Jewish organization "B'nai B'rith" . This was announced by the diplomatic mission on Facebook . The organization’s CEO..
Applications for recognition of higher education obtained abroad have doubled. This was announced by Vanya Grashkina-Mincheva, executive director of the National Center for Information and Documentation before a meeting of the parliamentary education..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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