The budget deficit will be able to exceed 3% of gross domestic product in exceptional circumstances. This was decided by the parliament with the adoption of amendments to the Public Finance Act at second reading. According to the current regulations, the budget deficit could not exceed 2% of GDP.
In April, due to the coronavirus crisis, the European Commission allowed each member state to temporarily exceed a deficit of 3%, reporter Dobrina Karambolova informed.
2025 WTCA Europe Regional Conference begins today in Sofia and will continue until June 17, 2025. Hosted by the Bulgarian Chamber of Commerce and Industry (BCCI), the event will bring together industry leaders, innovators and visionaries from across..
During the night, the weather over most of the country will be clear and calm. Temporary increases in cloudiness are expected over the central and eastern parts of Bulgaria. It will be mostly sunny on Sunday. Cumulus clouds will develop in the..
Thousands of people took part at Sofia Pride 2025, which began this afternoon at Knyaz Alexander I Square in the capital city. The campaign, organized for the 18th consecutive year, aims to promote equality and social integration for LGBTI+ people...
Bulgarian citizens in the territory of the State of Israel are advised to remain calm, strictly adhere to the instructions of the Israeli Civil Defense ,..
According to a survey by sociological agency Sova Harris conducted in June, the government’s information campaign on the country’s entry into the..
“The military conflict between Israel and Iran is a threat to the security of the entire region,” said PM Rosen Zhelyazkov and expressed the hope..
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