“A budget update will only be necessary if the pandemic situation worsens,” outgoing finance minister Kiril Ananiev stated in parliament.
The government has given 2.6 billion euro for the fight against Covid-19 in the period from the start of the crisis until 31 March, 2021. 920 million euro was spent to support households, 1.13 billion euro - for businesses, and 560 million for the people directly involved in the fight to check the pandemic.
There are fiscal reserves amounting to 4.35 billion euro, 1.8 billion of which is the money from the “silver” retirement fund. During the first quarter of 2021 the treasury had a deficit of 0.5% of the GDP. The national plan for the introduction of the euro is at an advanced stage so as to keep the 30 June, 2021 deadline for its completion, Kiril Ananiev said, and added that the indicative date for membership of the monetary union remains 1 January, 2024.
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“The two convergence reports are a joy for those in power and a concern for the people, because every Bulgarian knows that the officially declared inflation is 2.7%, but in reality it is much higher.” This was what President Rumen..
On Sunday, the lowest temperatures will range from 12°C to 17°C, around 12°C in Sofia . It will be sunny and hot during the day. Cumulus clouds will develop in the afternoon hours mainly over the mountains, with a chance of isolated showers in some..
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The ruling coalition is preparing electricity price hike despite assurances that there would be no change for consumers, “We Continue..
President Rumen Radev is leaving for an official visit to the Republic of Kazakhstan and the Republic of Uzbekistan, BTA reports. The..
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