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Bulgaria is ready to provide humanitarian aid to Israel, Finance Minister says

"Bulgaria has made clear its support for Israel in this horrific situation. In the budget of the Ministry of Foreign Affairs and in the central budget, funds are earmarked for humanitarian aid. The question is for the specific ministries to contact..

10.10.23 13:14 |
Премиерът Николай Денков в МС - 27 септември 2023 г.

Prime Minister Denkov: Coal power plants will work until 2038

The Just Transition Plan has been adopted by the government and will be sent to the European Commission tomorro w, as its delay will lead to losses of billions of leva. This was announced at a briefing by Prime Minister Nikolai Denkov and Finance..

29.09.23 18:20 |
Асен Василев

18 RRP projects will be dropped, Council of Ministers decides

Some of the projects under the Recovery and Sustainability Plan will be dropped, the Council of Ministers has decided . According to Finance Minister Assen Vassilev, these will be as many as 18 projects, and the reason is the change of the financial..

27.09.23 15:32 |

Finance Ministry proposes increase of VAT for restaurant business back to 20%

The VAT rate for restaurateurs to become 20% again is one of the measures in the tax laws proposed by the Ministry of Finance . During the Covid epidemic, the tax rate for the industry was reduced to 9%. According to Minister Asen Vasilev, its..

26.09.23 15:10 |

Farmers to receive over €32 million in aid due to Ukrainian grain imports 

The Ministry of Finance will grant 63 million euros (32.2 million euros) in aid to farmers after the ban on Ukrainian grain imports was lifted, the ministry's press service said. The funds are due to be voted by the government next week. Additional..

14.09.23 16:36 |
Assen Vassilev (R)

The money for restoring the flooded regions is available, Finance Minister Vassilev says

The money for the regions affected is available, Finance Minister Assen Vassilev said after a meeting in parliament with the chairpersons of the Committee on Budget and Finance, and the Committee on Internal Security and Public Order...

07.09.23 15:35 |
Finance Minister Assen Vassilev

Bulgaria must quickly renegotiate clauses of the Recovery Plan

The 2023 state budget with a 3% deficit is feasible and does not "tighten the belts", Finance Minister Assen Vassilev told Nova TV. A total of BGN 250 million (EUR 125 million) has been additionally allocated for salary increases in various sectors,..

31.07.23 09:25 |

Bulgaria finally has a “sensible budget” for 2023

After a mammoth 20-hour sitting, the Bulgarian MPs finally adopted the state budget for the year. It is calculated with a deficit of 3% - on an accrual basis, and preserves a large part of the initial capital programme. The budget is expected to be..

28.07.23 13:27 |

GERB-SDS: Derogation for import of Russian oil should be cancelled

The derogation for the import of Russian oil should be cancelled, proposed GERB-SDS MP Delyan Dobrev at a meeting of the parliamentary Budget Committee. According to him, Lukoil has earned billions from importing oil into the country, thus co-financing..

25.07.23 16:08 |

Parliament adopts the 2023 budget at first reading

Bulgaria's Parliament approved the 2023 state budget in the first reading with 156 votes in favor. The support came from GERB-SDS, PP-DB and DPS deputies. The "BSP for Bulgaria" and the parties "Wazrazhdane" and "There is Such a People" (ITN) voted..

12.07.23 19:11 |
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