Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev has refuted claims made by GERB-SDS, which are also the reasons of the two opposition parties for a motion of no confidence against the cabinet. The Finance Minister called the claims groundless. He presented data from the BNB on foreign investments in Bulgaria totaling 883 million euros in the first quarter of the year. When it comes to high inflation, he pointed out that this happens at pan-European level and EU countries were making joint efforts to curb it.
"The deficit is exactly as approved by the National Assembly. Exports have grown by 20% in all areas of the economy. Debt has also been reduced. Theft in the past is the reason we don't have good roads and hospitals," Minister Assen Vassilev has told the opposition.
By mid-December, all military units in the country will be equipped with drone control simulators, said Major General Deyan Deshkov, Commander of the Land Forces, at the Lyulyak training ground near Stara Zagora. He clarified that the drones have..
Swiss commodity trader Gunvor said it has withdrawn its proposal to buy Lukoil’s foreign assets, including the refinery in Burgas, after the U.S. Treasury called it Russia’s ‘puppet’, Reuters reported. Prime Minister: Bulgaria has a..
Bulgaria’s Premier Rosen Zhelyazkov and Ukrainie’s President Volodymyr Zelenskyy discussed energy security in the region and opportunities to strengthen cooperation in this area. The two held a phone conversation on November 6. They also discussed..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
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