“We are worried by what is happening in Bulgaria’s finances, and especially the management of the fiscal reserve, as well as the state the Silver Fund is in and how secure it is,” said Rumen Gechev from the Bulgarian Socialist Party (BSP) in parliament. In his words, the information disclosed by Finance Minister Rositza Velkova indicates that a total of around EUR 2 billion from the fiscal reserve was spent in the months of March and April. “We have the suspicion it was not spent as allocated,” Rumen Gechev said, and added that there is a sensitive component of the fiscal reserve – the Silver Fund, which guarantees the stability of the state pensioning system Rumen Gechev added that the BSP wants an official answer, from the minister of finance, to the question what this money was spent on.
The money from the Silver Fund and for the European projects is there, in the fiscal reserve, the Ministry of Finance stated in response. Publicly available data is attached to the ministry’s statement regarding the state the fiscal reserve is in and the balance in the so-called “single account” at the Bulgarian National Bank.
On Thursday minimum temperatures will range between 6 and 11° C., for Sofia around 8° C. During the day the weather will continue cloudy and rainy. The rain will be more significant in Eastern Bulgaria, and in the afternoon – in Central Bulgaria...
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 Bulgarian National Radio. The country is to receive EUR 439 million. EU may cut money for..
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities of George Soros and his son Alexander Soros and their foundations in this country financing..
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