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.
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
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