On March 1, 1879, the Russian Prince Alexander Dondukov-Korsakov approved the first budget of Bulgaria which was liberated in 1878. Prince Dondoukov-Korsakov approved the ''Account of Expenditures for Production Purposes from Bulgarian Revenues over the period from 1 March 1879 to 1 March 1880'', the Ministry of Finance recalls.
The first budget document of the Principality of Bulgaria covered only the spending part denominated in French Francs.
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..
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