The Bulgarian cabinet increased the allowable 2020 budget deficit to 2.9% of the gross domestic product at an extraordinary video-conference sitting. Shifting from the initially-planned balanced budget to budget deficit aims to finance the extraordinary measures taken to deal with the COVID-19 epidemic. The government debt issuance ceiling increases from EUR 1.1 billion to EUR 5 billion. Since the beginning of 2020 the country issued government bonds to the tune of EUR 400 million and a new tender for another EUR 100 million is scheduled for the beginning of April. The changes adopted by the government will be submitted to Bulgaria’s National Assembly for approval.
The U.S. Department of State today released the data for the refused type B visas for the financial year 2024. For Bulgaria, this percentage is 6.02%, which marks a significant decrease compared to last year, when it was 11.61%. This is the lowest..
The Bulgarian MPs gathered in plenary today for a sixth attempt to elect a President, which again proved unsuccessful. The chances of electing a Speaker of the 51st National Assembly are minimal The candidates Natalia Kiselova from..
Bulgaria's Ambassador to Egypt Deyan Katrachev met with Egypt's newly appointed Minister of Civil Aviation Sameh al-Hefny . At the meeting, which took place on 26 November, both discussed the updating of the air transport agreements between the two..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The first marble statue discovered in the ancient city of Heraclea Sintica on 3 July, is probably of Lucius – grandson of Roman Emperor Octavian..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
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