Bulgaria is set to receive over EUR half a billion in EU funds to cover the initial expenses related to the fight against the coronavirus epidemic.
Bulgaria will receive this amount as soon as the report under this new instrument is approved by the European Parliament at second reading, Bulgaria’s MEP Andrey Novakov said for BNR. “This instrument grants financing retrospectively for ongoing projects aimed to cope with the Covid-19 crisis”. MEP Novakov added.
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
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