"Bulgaria needs to defend an active position regarding the EU fiscal rules reform which appears to be gaining momentum. As a country with one of the best debt-to-GDP ratios, it should receive support and not be penalized, if within one year the budget deficit is slightly above 3% of the GDP", caretaker Deputy Premier for EU Funds Management Atanas Pekanov said in an interview with Investor.bg.
“Say that, for instance, Bulgaria‘s deficit is slightly over 3%, but its government debt accounts for 25% of its GDP. In this case, the country should not be in a worse position than a country in which the deficit is 1% of the gross domestic product, but the government debt is 140% of the GDP", Atanas Pekanov said.
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian..
Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..
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