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%.
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''. It will be held at the Boyana Residence and is part of the communication campaign for introducing..
On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There will be rainfalls in some places. The highest temperatures will be between 10 and 15°C; in the..
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation, education and tourism. Our country can become more visible by restoring its positions and building..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
It is theoretically possible that Bulgaria could apply for a third payment under the Recovery and Resilience Plan by the end of 2025,..
On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There..
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