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 real estate market in Bulgaria has been in the eurozone for a long time. Prices will not undergo significant changes after the introduction of the common currency. This was what financier Levon Hampartzoumian said at the 11th..
At the initiative of the Consul General of Bulgaria in Los Angeles Boyko Hristov, the month of November 2025 has been officially declared the "Month of Bulgarian-American Friendship" in Las Vegas and Clark County - one of the most..
The Russian Federation has not demonstrated readiness to achieve peace. The Black Sea is a border zone with war. It must have the absolute attention of the allies. We want a greater presence from them in the Black Sea. This was what..
The National Assembly has temporarily banned the export and intra-EU delivery of petroleum products, mainly diesel and aviation fuel. The decision was..
The Russian Federation has not demonstrated readiness to achieve peace. The Black Sea is a border zone with war. It must have the..
On Saturday , the lowest temperatures will be between 3 and 8°C; at the Black Sea coast up to 10°C. In Sofia it will be around 3°C...
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