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%.
July 4, Bulgartransgaz, Bulgaria's gas transmission and gas storage operator, is raising a loan of 100 million euros for the Vertical Gas Corridor. Through the expanded pipeline, Bulgaria will be able to transport natural gas from the USA, Azerbaijan,..
The association "Descendants of refugees and migrants from the territory of North Macedonia" have sent a statement on the case of Ljubco Georgievski, chairman of the defunct association "Ivan Mihaylov Cultural Club" in Bitola. Protest in front..
The forum “Diplomacy of Wonders - the most ancient wonders of Bulgaria and Turkey” was held in Sofia, organized by the Embassy of Turkey and Europa Nostra – Bulgaria An exhibition was presented in Sofia as part of the forum with..
Monthly inflation for May is 0.0%, while annual inflation is 3.7%, announced by the National Statistical Institute (NSI). Cumulative inflation, as..
On Tuesday, the lowest temperatures will range from 12°C to 17°C, for Sofia around 13°C. The weather will be mostly sunny during the day. Cumulus..
The Waterfall Folklore Fest Niagara 2025 brought together fans of Bulgarian folk dance from the United States and Canada. The event took place in Niagara..
Partly Cloudy
Clear
Mostly Cloudy
Partly cloudy, chance of rain