If the budget update was not approved, the cost of servicing government debt would become higher, Deputy Prime Minister and Minister of Finance Assen Vassilev pointed out and added that the changes in the budget envisage the limit of new government debt this year to rise by 1.5 billion euros to 5 billion and 150 million euros.
According to Vassilev, the hike will be used to repay next year's debt, with the difference likely to be almost 1 percentage point. This is a significant expense for the budget, which can be avoided if the debt was issued this year, Vassilev said.
Rose picking has started in the rose gardens near Kazanlak, the municipality announced. Dozens of guests gathered in the rose gardens near the village of Kanchevo to learn about the traditions of growing oil-bearing roses and..
The Constitutional Court will partially allow the president's request, Speaker of the Parliament Nataliya Kiselova told BNT. The Constitutional Court is obliged to file a case. The dispute will be whether the request of the head of..
Alessandro Baricco’s immortal story “Without Blood” in the theatrical adaptation by Alexander Sekulov won the Bulgarian “Askeer” theatre awards in three categories - for best performance, for direction and for costume design. The..
During his participation in the 20th World Meeting of Bulgarian Media in Varshets, President Rumen Radev expressed concern that prices will rise as soon..
Cash in Bulgaria exceeds BGN 30 billion. The Association of Banks in Bulgaria is urging citizens to deposit their cash before the introduction of..
“We often say that Bulgaria extends as far as there are Bulgarians. In order for these spiritual borders of Bulgaria to be vibrant and strong, there..
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