Bulgaria’s National Assembly has approved the 2021 state budget at a second reading. Revenues in next year’s budget are estimated at EUR 24.3 billion. Expenditures are projected at EUR 26.8 billion. The budget deficit is set at nearly EUR 2,56 billion, or 4% of the country’s GDP. The cabinet will be able to cover the deficit by issuing government bonds to the tune of EUR 2.3 billion.
The minimum monthly salary is to increase from EUR 312 to EUR 332 as of January 1, 2021. The minimum monthly pension will amount to EUR 153. People working at the frontline against Covid-19 will receive 30% pay rise. Salaries of teachers are to increase by 17% and the monthly wages of Bulgaria’s Police officers are to see 15% increase. The rest of the salaries in the public sector will increase by 10%.
Our two countries have an important role in the connectivity between Europe and Asia through the Trans-Caspian Transport Corridor. This is what President Rumen Radev said during the plenary talks between the delegations of Bulgaria..
Over 200 settlements in 140 municipalities will have high-speed internet, announced Deputy Prime Minister and Minister of Transport and Communications Grozdan Karadjov. He signed 6 contracts for the construction of digital networks in the country in..
The interest in exchanging levs for euros has increased by more than 50% after the positive convergence reports of the European Commission and the European Central Bank. This was reported by financier Max Baklayan for Radio Varna. He explained that..
President Rumen Radev is leaving for an official visit to the Republic of Kazakhstan and the Republic of Uzbekistan, BTA reports. The..
The second F-16 Block 70 aircraft of the Bulgarian Air Force is now at the Third Air Base in Graf Ignatievo, the press center of the..
Bulgaria and Kazakhstan will work on the development of the Trans-Caspian international transport corridor, known as the "Middle Corridor". This was..
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