The General Government sector reported a deficit of EUR 2.8 billion, or 4.1% of the country’s gross domestic product, preliminary data of the National Statistical Institute indicate. The deficit in Central Government amounted to EUR 3.3 billion, or 4.8% of the GDP, while Local Government reported a surplus to the tune of EUR 75 million. The Social Security Funds generated a surplus to the tune of EUR 414 million.
Meanwhile, the government debt reached EUR 17 billion, or 25.1% of the GDP - a record high since the introduction of the currency board in 1997.
Aerospace Engineering is one of the new degree programs recently introduced at the Technical University in Sofia. Taught in English, the programme was launched last year with 16 students enrolled — 11 international and 5 Bulgarian. During the first two..
35 years have passed since the establishment of the Association "SOS Children's Villages Bulgaria" . On this occasion, President Rumen Radev will visit the village of Dren , Radomir Municipality, where he will participate in the celebration of..
Today and tomorrow, Bulgaria's Minister of Agriculture and Food Georgi Tahov will take part in a meeting of the European Union Council on Agriculture and Fisheries, which will be held in Luxembourg, BTA reported. The Council is scheduled to hold..
The Bulgarian Ministry of Foreign Affairs (MFA) has issued a warning about a national strike in Belgium on 25 June 2025, organised by the trade unions...
Defence Minister Atanas Zapryanov has proposed the establishment of wartime command centres for state institutions . A draft decree from the Council of..
The Ministry of Foreign Affairs has taken note of the European Parliament’s Foreign Affairs Committee (AFET) report on the Republic of North Macedonia’s..
+359 2 9336 661