GDP growth of 3.5% with increased household consumption by 2.8% and expected annual growth of 3.6%. This is envisaged in the update of the state budget which the National Assembly adopted at first reading.
The budget deficit for this year will reach 5.6 billion Leva or 4.4% of the projected GDP. The average annual unemployment rate set down is 5.3%. During the debates, all parliamentary groups declared that before the second reading they would make proposals for significant amendments in the way the revenue and expenditure is determined, as well as in the structuring of expenses.
By mid-December, all military units in the country will be equipped with drone control simulators, said Major General Deyan Deshkov, Commander of the Land Forces, at the Lyulyak training ground near Stara Zagora. He clarified that the drones have..
Swiss commodity trader Gunvor said it has withdrawn its proposal to buy Lukoil’s foreign assets, including the refinery in Burgas, after the U.S. Treasury called it Russia’s ‘puppet’, Reuters reported. Prime Minister: Bulgaria has a..
Bulgaria’s Premier Rosen Zhelyazkov and Ukrainie’s President Volodymyr Zelenskyy discussed energy security in the region and opportunities to strengthen cooperation in this area. The two held a phone conversation on November 6. They also discussed..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
A 6-month reconstruction of the runway and renovation of the aprons start at Burgas Airport. November 10 marks 19 years since the start..
November 10 marks 36 years since the symbolic beginning of the transition from a one-party system to democracy in Bulgaria. The day..
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