The national budget has not yet been affected by the COVID-19 crisis. The Ministry of Finance registered a EUR 600 million budgetary surplus for the first quarter of the year by 31 March. Nevertheless, the surplus is falling because at the end of February it stood at EUR 700 million.
The fiscal reserve remains at over EUR 5 billion. Year on year treasury revenues in March have gone up by EUR 75 million, or a total of EUR 5.56 billion. The increase us due mainly to incoming financing from European funds. Due to the extension of tax payment deadlines the implementation of the projected revenues from corporate taxes is lower.
The planned annual maintenance of Unit 6 of Bulgaria's only NPP, Kozloduy, has been completed. The unit was connected to the national grid at 10:07 following an inspection by the Nuclear Regulatory Agency. In addition to the repairs made to improve..
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would lift its veto and that Bulgaria and Romania would probably become full members of Schengen from the..
President Rumen Radev met with Bulgarians living and working in Singapore during his visit to the Asian country on November 22-24. There are an estimated 400 Bulgarians living in Singapore. "Our diaspora in Singapore occupies a very special..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
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