In 2017 Bulgaria’s debt amounted to EUR 13.2 billion, or 25.6% of the country’s gross domestic product, the National Statistical Institute informs. According to final data, the State Government sector registered a budget surplus of EUR 573 million, or 1.1% of the GDP. The budget surplus in Central Government subsector amounted to EUR 495 million or 1.0% of the GDP. The Local Government subsector registered a surplus of EUR 122 million. The Social Security Funds subsector had a deficit of EUR 32 million.
President Rumen Radev has sent a letter to President Cyril Ramaphosa expressing his gratitude for the decision of the Republic of South Africa to lift visa requirements for short-term stays for Bulgarian citizens. Radev..
At a meeting in parliament in the presence of the party leaderships, the GERB-SDS coalition and the DPS-New Beginning party agreed on a full mandate to govern and fulfil the commitments for Bulgaria’s Euro-Atlantic orientation. This..
On October 21, the Ministry of Finance assumed domestic debt and sold government securities for 145 million euros with 3-year maturity. In 2025, the state assumed domestic debt of 1.45 billion euros. Debt of 7.2 billion euros was..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
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