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Minister of Justice Nadezhda Yordanova

The reduced budget of the judiciary will not hinder the work of the prosecutor’s office: Justice Minister

“The reduced budget of the judiciary will not hinder the work of the prosecutor’s office,” Minister of Justice Nadezhda Yordanova stated. In a position by the Supreme Judicial Council, SJC, the Council members cite the Constitution which..

18.02.22 13:23 |
Vice President Iliana Iotova at the opening of the exhibition

Bulgarian museum, gallery workers protest for higher funding

I hope that the majority in the parliament and the government are enlightened people, convinced that more funds for Bulgarian science, culture and education are not a whim, but a necessity , said Bulgarian Vice President Iliana Iotova at the opening of..

16.02.22 12:19 |

Museums, galleries and libraries in Bulgaria ready to go on protest over low budget subsidy

The National Federation of Culture at Podkrepa Trade Union has announced readiness for protests under the slogan: "For more money in the budget for museums, galleries and libraries!", the trade union announced. In their position, the union points..

14.02.22 18:20 |
Toshko Yordanov

MP Toshko Yordanov: The increase of the budget for culture is insufficient

"The increase of the budget for culture is insufficient. I agree with the representatives of the Bulgarian Academy of Sciences who demand more financing", the Chairperson of the National Assembly Committee on Culture and Media Toshko Yordanov said for..

13.02.22 14:03 |

MPs adopt budget of National Health Insurance Fund

With 129 votes in favor and 90 against, the majority in the National Assembly have adopted the budget of the National Health Insurance Fund at first reading. Healthcare expenditures are expected to reach over EUR 3 billion by the end..

09.02.22 15:01 |
Kiril Ananiev

The budget deficit will probably reach 6%: GERB

Calculated on the basis of the 2022 budget submitted, the deficit for this year is envisaged at 4.1%, commented Kiril Ananiev from GERB party at a briefing, as quoted by BTA. However, Kiril Ananiev says, that is not the real figure because at..

22.01.22 14:36 |

Effect of budget 2021 extended until 31 March

After more than two hours of debate, the National Assembly adopted, definitively, the bill on the implementation of the effect of the budget from the previous year – 2021 – until 31 March this year. The majority voted to extend the..

21.01.22 15:20 |

Institute for Market Economics presents its ideas for an alternative state budget

The Institute for Market Economics, IME, presented its traditional alternative budget for 2022, the first time it is doing so without the existence of a new budget framework. The cabinet has projected inflation of 5%, GDP growth of 4.9% and a budget..

20.01.22 12:06 |

Bulgaria records budget deficit of over 2 billion euros in just one month

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..

05.01.22 14:51 |
Martin Dimitrov

Martin Dimitrov: The adoption of the new budget will shorten the moratorium on electricity prices

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..

05.01.22 10:13 |
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