Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for 2024 should have been released according to the EU methodology.
In 2024, the institutional sector "General Government" had a budget deficit of 3 billion euros or 3% of GDP, according to preliminary data from the National Statistical Institute and Eurostat. In this way the deficit criterion has also been met.
On average, the budget deficit in EU countries for the past year was 3.2%, Eurostat reported. The largest deficit is in Romania - 9.3% of GDP, Poland - 6.6% and France - 5.8%. Denmark has a budget surplus of +4.5%, Ireland and Cyprus have +4.3% and Greece has +1.3%.
On Friday morning, fog or low clouds are expected in many lowlands, basins and around water bodies. It will be mostly sunny during the day. In the lower valleys of the Tundzha and Maritsa rivers, fog will persist until around noon, while in the..
GERB leader Boyko Borisov has assured that Bulgaria will receive an exception from the US sanctions against Russian oil and gas , BNR reporter Violeta Ashikova reported. “I can guarantee to Bulgarians that Bulgaria will receive a derogation. The..
The Bulgarian government will approve and submit to the National Assembly the draft laws related to the state budget for 2026 in the version coordinated with the supporting political parties. This decision was reached after the four employer..
On Saturday, the lowest temperatures will be between 0 and 5°C; in Sofia - it will be around 0°C. During the day it will be mostly..
The Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense..
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil..
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