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.
The weather will remain cloudy on Tuesday, with rain showers in many areas. The lowest temperatures will range from 8°C to 12°C, around 10°C in Sofia. During the day, it will be mostly sunny in Southwestern Bulgaria. There will be cumulonimbus clouds..
Ivet Atanasova, an 11th-grader at the High School of Mathematics in Silistra, is the winner of the Third National Student Competition “My Ancestral Roots from Macedonia and Eastern Thrace”. Her family originates from the town of Kočani in Vardar..
"For Bulgaria, every day is May 24. But there is nothing more natural and nothing better than celebrating the Book Fair on the third day of the brightest Bulgarian holiday, Vice President Iliana Iotova said at the opening of the 17th Spring Book Fair..
Students of medicine, young doctors and medical specialists from six towns – Sofia, Plovdiv, Pleven, Burgas, Varna and Stara Zagora – are staging..
Household consumers will remain on the regulated electricity market for an unlimited period, said Energy Minister Zhecho Stankov at a briefing at the..
Rose picking season is starting this year with serious problems because of the prolonged cold spell, BGNES reports. The people in this line of..
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
Cloudy
Occasional showers
Overcast, rain
Thunderstorms 
Mostly Cloudy