“The municipal hospitals are on the brink of bankruptcy. Half of their budget is spent to cover the soaring electricity bills. They do not have state aid but they can’t stop treating patients. We shall see bankruptcies,” GERB-SDS MP and former Health Minister Kostadin Angelov warned.
On Wednesday, the opposition GERB party demanded that parliament vote to support municipalities, churches, schools, kindergartens, cultural and social institutions, and public transport over electricity prices. National and local institutions have been taking money from their staff’s salaries to pay their energy bills. That is why GERB is demanding compensations, following the model applied with regard to the energy distribution companies in which the state covers 100% of the differences in the electricity bills.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
+359 2 9336 661