The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is up to 6.4 billion BGN (EUR 3.3 billion), which is 3% of GDP. Expenditures will not exceed 40% of GDP. The draft budget includes the investment program promised to municipalities. VAT rates for restaurateurs, bread and flour return to 20%.
The structural plan shows that the goal is to gradually reduce the deficit, with the only exception being in 2027, when the deficit will exceed 3% due to the acquisition of military equipment.
For the period 2025-2028, the deficit under the consolidated fiscal program will range between 2.2% and 3% of GDP. Annual inflation according to European methodology will be 2.4% in 2025, and is expected to be 2% thereafter. GDP will grow by about 2%.
The government strongly condemned the desecration of the European Commission building in Bulgaria in a Facebook post. "Attacks against institutions, whether national or European, are unacceptable and contradict the principles of the rule of law...
A protest in defense of the Bulgarian lev and against Bulgaria's entry into the Eurozone began at noon in the center of Sofia. The organizers are the Vazrazhdane party and civil organizations. The participants are demanding a broad public debate on the..
The repairs to the Danube Bridge, connecting Bulgaria and Romania, have been partially halted , BNT reported. This was necessary due to the low temperatures in recent days in Ruse and the entire country. It is expected that the repairs to the Danube..
The patriots from Vazrazhdane parliamentary party and civil organizations against Bulgaria's accession to the Eurozone have announced a protest for today...
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory..
More than 550,000 people received support last year under the European programme Food and Basic Material Assistance – packages of staple foods and nine..
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