According to the Maastricht Treaty, the state budget deficit should not exceed 3% of the gross domestic product (GDP) and the total government debt should not exceed 60% of GDP. So far, these criteria have been strictly..
There is no time to lose and soon the Ministry of Finance must submit the budget for 2022, the chairman of the parliamentary economic committee Martin Dimitrov told BNR. The new budget will also lift the moratorium on electricity prices. "Due to the..
Bulgaria is beginning the year, 2022, without a budget, voted by parliament, which is unprecedented in the country’s most modern history. According to estimated data, by the end of December 2021, the budget was "in the red" by 4 billion Leva (a..
Bulgaria’s debt limit has been set at 2.25 billion euro, 1.9 billion euro has so far been taken out, announced caretaker Minister of Finance Valeri Belchev during his participation in the discussion “The government talking, openly!” in the..
The S&P Global Ratings have confirmed Bulgaria's long-term credit rating of 'BBB/A-2', the Bulgarian Ministry of Finance reports. The medium-term economic consequences of the pandemic are manageable. Recovering domestic..
GERB will support the composition of the new government and all measures proposed by the negotiators to form a government. This was what party leader Boyko Borissov said at a seminar of the GERB youth organization in Arbanasi. One..
The lack of a regular parliament puts the state at risk of starting the new year without a budget, Petar Ganev, a senior researcher at the Institute for Market Economics, has told the BNR. According to law, the budget for 2022 must..
At a meeting with representatives of the road construction and maintenance companies who organized protests last week over unpaid salaries, President Rumen Radev pointed to the need of a transparent formation of the budget of the Road..
The realistic deadline for updating the budget is three weeks from now, Lubomir Karimanski, chairman of the parliamentary budget committee and MP of "There Is Such a People", has told BNR. According to him, the President and..
The caretaker government has approved the project for updating the state budget and the budgets of the State Social Security and the Health Insurance Fund. Earlier this week, the new version of key financial laws was also supported by the social..
