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The National Council for Tripartite Cooperation in session, 26 July, 2021

TUs and employers approve budget changes

The National Council for Tripartite Cooperation discussed future changes to the state budget for 2021. The caretaker cabinet is proposing a 12.5% increase in pensions as of 1 October. “The raise is not going to jeopardize the country’s finances..

26.07.21 13:22 |
Minister of Finance in the caretaker cabinet Assen Vassilev

Caretaker cabinet proposes budget update

The proposal of the caretaker government for an update of the budget is to be presented today at the third public council with the minister of finance, BNR’s Marta Mladenova reports. According to caretaker Minister of Finance Assen Vassilev..

22.07.21 06:10 |

Public Council of the Bulgarian National Radio demands restoration of media's cut budget

The Public Council of the Bulgarian National Radio has called for a moratorium on the reduction of funding for the public-service media.  "We demand that BNR's budget subsidy be restored to its original amount," the council members wrote in a letter..

09.05.21 10:12 |

Will budget cut lead to layoffs in Bulgarian National Radio?

Next week, it will become clear whether the Bulgarian National Radio would need to release personnel because of the latest state budget cut by nearly 500,000 euros. In an interview with BNR, the Director General of the public..

08.05.21 16:00 |

Budget cut threatens public mission of Bulgarian National Radio

In an official letter, BNR Director General Andon Baltakov has called on parliament to change the text of the State Budget Act, allowing the government to cut funding for public radio. The budget of the Bulgarian National Radio for the current year..

07.05.21 15:06 |
Kiril Ananiev in parliament

Country has stable fiscal reserves: Kiril Ananiev, outgoing finance minister

“A budget update will only be necessary if the pandemic situation worsens,” outgoing finance minister Kiril Ananiev stated in parliament. The government has given 2.6 billion euro for the fight against Covid-19 in the period from the..

21.04.21 12:10 |
Bulgarian National Bank

Bulgaria issues new 150-million-euro debt

Debt securities totaling 150 million euros are offered at an auction today, BNR reporter Marta Mladenova informed. The Ministry of Finance is offering 5-year zero-interest bonds. Since the beginning of 2021, the state has..

22.03.21 04:00 |

Sofia with record high budget for 2021

Sofia's budget for 2021 is over 963 million euros, Mayor Yordanka Fandakova said. The main priorities are repairs and construction of roads, sewerage systems, providing more places for children in kindergartens, improving air..

15.01.21 17:17 |

Amidst pandemic Bulgaria registers good fiscal policy

According to preliminary Ministry of Finance data, the budget deficit at the end of December amounted to 1.8 billion euro, or 3% of the GDP which is a better result than the 4.4% set down in the updated version of the budget for 2020. In..

01.01.21 16:22 |

Bulgaria with positive budget balance in October

Bulgaria's budget cash balance at the end of October was positive at over 334 million euros, the Ministry of Finance said. The fiscal reserve is 6.74 billion euros, BTA reported. Profit of banks in this country has reached 407 million euros,..

30.11.20 19:22 |
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