Will Bulgaria Have a Stable Government After Yet Another Election in June? Our Readers Have Spoken
On our Facebook page, readers were asked about Bulgaria's stability after the June elections
Bulgaria’s consolidated budget showed a surplus of BGN 991.6 M for end-January equivalent to 1.1% of the projected 2016 GDP, according to preliminary data released by the Finance Ministry on Monday.
This compared with a consolidated budget surplus of BGN 69.1 M equivalent to 0.1% of GDP at end-January 2015.
The Finance Ministry attributed the rise in surplus to the higher rate of increase in budget revenue and grants as well as decreased spending compared with January 2015.
Revenues and grants received in January 2016 increased by 26.7% year-on-year, reaching BGN 3.13 B, or 9.5% of annual plan.This compared with year-on-year increase in revenue and grants by 19.3% and 15.8% for January 2015 and January 2014 respectively, the Finance Ministry said in a monthly budget report.
Expenditure under the consolidated budget, including Bulgaria’s contribution into the European Union budget, totalled BGN 2.14 B, or 6.1% of the 2016 plan. This compared with consolidated budget spending of BGN 2.40 B for January 2015.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022