Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev presented the 2022 draft state budget. He called it a budget of economic growth, which invests in people, projects and infrastructure. The projected revenues exceed EUR 29 billion and costs are projected at more than EUR 32.2 billion.
The country’s GDP is expected to increase with 4.8% and the budget deficit is set to increase with 4.1%. Bulgaria will borrow new loans to the tune of EUR 3.5 billion. EUR 1.5 billion will be used to refinance old debts.
As of April 1, the minimum monthly salary will increase from EUR 323 to EUR 363. Pensions will increase with 6.1% from July 1. VAT remains unchanged at 20%, Minister Vassilev said. The state budget will be amended in July.
The European Commission has opened penalty proceedings against five countries, including Bulgaria, for incorrectly implementing changes to European drinking water regulations, BTA reports. The countries were supposed to implement the amended..
This year, Bulgaria had the best winter season, Tourism Minister Miroslav Borshosh said at a briefing, referring to data for the first four months, BTA reported. For the first time, over 2 million tourist registrations were made – 6.4% more..
The evacuation of Bulgarian and foreign citizens from Israel was carefully planned by Bulgarian diplomats in Sofia and those on site , Prime Minister Rosen Zhelyazkov announced at the beginning of the government meeting, BNR reporter Tsvetelina..
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..
Science and physics are the driving forces behind human progress, and events such as this one are a source of pride for Bulgaria. The Minister of..
On Wednesday, the lowest temperatures will be between 13 and 18°C; In Sofia – about 15°C. It will be sunny before noon. In the afternoon there will be..
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