“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.
On Thursday, the lowest temperatures will range from 13°C to 20°C, 16°C in Sofia. It will be sunny during the day and hot in the afternoon. There will be a light wind from the east-northeast, reaching moderate levels in the southeastern parts of the..
Security agencies in Bulgaria, DANS (State Agency for National Security) and GDBOP (General Directorate Combating Organized Crime), are carrying out an operation in Sofia targeting a group suspected of illegally granting Bulgarian citizenship...
In a declaration, MPs from the We Continue the Change–Democratic Bulgaria (PP–DB) coalition called for Toshko Yordanov, the chair of the Culture Committee and an MP from There Is Such a People, to resign. This followed his controversial comments about..
Sofia is hosting a trilateral meeting of the defence forces heads of Bulgaria, Romania and Turkey. The Ministry of Defence announced that, at the..
The Ministry of Transport has published for public discussion changes to the Regulation on Unmanned Aircraft Systems. The..
Security agencies in Bulgaria, DANS (State Agency for National Security) and GDBOP (General Directorate Combating Organized Crime), are carrying out an..
Clear