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File photo, BGNES
The debt piled up by Bulgarian municipalities has peaked to BGN 200 M over the course of 2016, according to preliminary estimates.
The financial situation of many municipalities will push some to increase fees for certain services, Emil Savov, deputy CEO at an organization representing the 265 municipalities, has told the Bulgarian National Radio.
Local taxes, however, are expected to remain intact in most of the municipalities, Savov has made clear.
Prolonged debts are to a certain extent caused by even bigger amounts of prolonged receivables, he has added.
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The Institute for Market Economics (IME) presented its fifth annual initiative with a map showcasing average salaries by municipalities throughout the country in 2022
A horrifying incident unfolded in the quiet village of Yudelnik, near Ruse, as a dispute over a mere 42 BGN (21 EUR) culminated in a fatal outcome
A chilling murder in Sofia unravels a grim tale of torture, deceit, and a financial debt
Bulgaria's Gross External Debt stood at approximately EUR 42,410 million by the end of October 2023, marking a 3.7% decrease from the same period in 2022, according to data released by the Bulgarian National Bank (BNB)
Bulgaria has achieved a significant milestone in its fiscal management by successfully raising an external debt of 2.3 billion euros through two separate issues on international markets
The budget deficit in the "State Government" institutional sector for 2022 is 4,859,000,000 leva, NSI reports. This is 2.9% of GDP
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
Head of the Military Medical Academy (MMA) Major General Prof.
The Ministry of Finance has revised its autumn forecast for economic development.
Bulgarian police arrested a Russian citizen and two Lithuanians on suspicion of exporting “sensitive information” from the Arsenal military plant in Kazanlak.
The government has changed its order requiring state-owned companies to pay a dividend to the budget.
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