“Doling out money gratuitously to people in need is impossible because the resources are limited. The government would come out of the crisis with a huge deficit,” Ivan Kostov, Prime Minister of Bulgaria in the 1997-2001 period said for the Bulgarian National Radio.
“According to the EU, the country’s GDP is going to go down by 7.2%. That means EUR 4.2 billion. There is no way the government can find the billions needed to compensate for all incomes. Calls for such a thing are populist. Even if it does find the money from somewhere, it couldn’t be absorbed and will only give rise to corruption,” Ivan Kostov said. He added that Bulgaria is not the only country where measures to address the damages are taken under pressure and urged for taxes not to be changed mid-year.
The low level of the Danube River makes navigation in the Bulgarian section difficult. Two sandbars have formed, Ivelin Zanev, executive director of the Executive Agency for Exploration and Maintenance of the Danube River, told..
The Ministry of Transport has published for public discussion changes to the Regulation on Unmanned Aircraft Systems. The establishment of training centers for drone operators is planned, in which the requirements are almost the same..
The Consulate General of Bulgaria in Toronto has sent an invitation via Facebook to Bulgarians in Canada to participate in a solemn rose planting ceremony in the municipality of Niagara Falls. The planting ceremony is scheduled to..
A segment of a global money laundering network operating through financial fraud has been dismantled, the Sofia District Prosecutor's Office and the..
Sofia Municipality has requested the removal of a tent camp set up in front of the Presidency building during a protest organized by the "Vazrazhdane"..
A concert of the legendary Duke Ellington Orchestra will take place on the square in front of the National Palace of Culture in the..
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