Bulgaria’s cabinet has adopted the framework of the 2022 state budget, Premier Kiril Petkov and this country’s Minister of Energy Alexander Nikolov announced at a joint briefing after the extraordinary sitting of the government. In Premier Kiril Petkov’s words, the 2022 state budget is a budget of economic growth. Investments by the state will increase from 2.1% of the GDP to 5.8% of the GDP. The budget deficit including the Covid-19 measures will amount to 4.1% of the GDP.
Kindergartens will be free-of-charge as of April, Premier Petkov promised. No pensioners will be living under the poverty line, Kiril Petkov further said. All measures aimed at providing financial assistance to businesses, including the 60:40 wage support scheme, will continue in the next 6 months. The policies aimed to shield companies against high electricity prices will continue as well. “The new budget focuses on capital investment and human capital. It will make sure no one is left under the poverty line”, Premier Petkov summarized. The new budget has to be voted in Parliament.
On Saturday the clouds will continue to increase, and by the end of the day, will be considerable. In the evening there will be rain in the Northeastern part of the country. There will be a moderate wind which will turn from the North-Northwest and..
Bulgaria and Romania continue to dominate the outsourced business services sector in Southeast Europe, with Bucharest and Sofia hosting 43% of the region's suppliers. This is stated in a report on the outsourcing industry in Southeast Europe 2023. It was..
The first lawsuit requesting a partial annulment of the elections is already a fact. Shortly after "There is Such a People" party submitted a request to challenge the legality of the election of MPs in 52 polling stations in the early..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
A protest organized by nationalist organizations in front of the Ivan Vazov National Theatre last night against the premiere of Bernard Shaw’s play..
On Friday, there will be fog in the valleys. The lowest temperatures will range between minus 5°C and 0°C, for Sofia around minus 3°C. It will be sunny..
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