The draft state budget for the year will, most probably, not be discussed in parliament next week. The draft with a deficit of 6.4% of the GDP which was submitted by the caretaker cabinet was supposed to have been discussed by the parliamentary budget committee in first reading in mid-May, but encountered major criticism on the part of all parliamentary groups.
GRB/SDS which will be handed the first exploratory mandate for the formation of a government on Monday, is insisting that the budget be submitted by a regular cabinet. On their part, the second biggest political force in parliament We Continue the Change/Democratic Bulgaria say the budget is more important than a cabinet.
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
For the third consecutive year, Karin Dom – Varna is organizing the charitable initiative “Ivan Stanchov Awards” in memory of the Bulgarian diplomat and founder of the organization, Ambassador Ivan Stanchov. On October 23, awards will be presented..
The international scientific conference “Bulgarians in the Northern Black Sea Region” will be held in Sofia on October 27 and 28, 2025 in the Institute..
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