At the end of March, the budget had a surplus of 700,000 euros. The crisis will still affect the treasury, the government said after checking the execution of the state budget in early 2020.
At the end of March, the fiscal reserve is over 5 billion euros. The negative effects of the pandemic are still expected, such as the extension of the terms for corporate income taxation and the reduction of trade turnover. It is expected that the parameters of budget implementation will appear more clear in the second and third quarters of the year.
In order to support investments, we do not envisage limiting the payments on large infrastructure projects, Prime Minister Boyko Borissov said.
Today, Bulgaria’s Head of State Rumen Radev met at the presidency building with Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó. The two discussed Europe’s prospects for addressing current challenges. Péter Szijjártó is visiting..
Bulgaria’s National Assembly rejected President Rumen Radev’s veto on the amendments that expand the powers of the special commercial administrator of Lukoil, reported BNR’s correspondent Maria Fileva. The MPs from the ruling majority, supported by..
On Friday morning, fog or low clouds are expected in many lowlands, basins and around water bodies. It will be mostly sunny during the day. In the lower valleys of the Tundzha and Maritsa rivers, fog will persist until around noon, while in the..
Bulgaria consistently opposes proposals to remove the requirement for unanimity in decision-making within the framework of the EU’s Common Foreign and..
"As of today, there will be no acting mayor of Varna and the position will be held by the legally elected mayor Blagomir Kotsev," said..
President Rumen Radev has vetoed the legislative amendments related to the appointment of a special commercial administrator in the..
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