BGN 100 Million Budget for the Elections in Bulgaria
The new acting finance minister, Lyudmila Petkova, unveiled the budget for the upcoming elections, which amounts to BGN 100 million
Politics | April 9, 2024, Tuesday // 12:02
Cypriot Finance Minister Resigns in Bailout Talks Aftermath
World | April 2, 2013, Tuesday // 16:45
- Tweet
Send to Kindle
Greek Cyprus Finance Minister Michalis Sarris gives a press briefing at the end of a special Eurogroup finance ministers meeting on the economic crisis in Cyprus, in Brussels, Belgium, on March 25, 2013. Photo by EPA
Cypriot Finance Minister Michalis Sarris has resigned after helping clinch the final terms of an international aid agreement to stave off a financial collapse of the island country.
President Nicos Anastasiades has accepted the resignation of Sarris, who had been under fire for his handling of the bailout deal.
Earlier, Anastasiades ordered an investigation into what led Cyprus to the brink of bankruptcy before it was forced to accept tough bailout conditions.
Cypriot media reports suggest that Sarris will be replaced by Labor Minister Haris Georgiades, according to the BBC.
Cyprus is set to receive the first tranche of bailout funding next month to ease the restructuring of its stricken banking sector.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Bulgaria Nears Eurozone Entry If Inflation Criterion Met, Says Finance Minister
During debates on a draft decision concerning the Bulgarian Energy Holding, Minister of Finance Asen Vassilev announced that Bulgaria is on the brink of entering the Eurozone as it meets the inflation criterion
Bulgaria Anticipates Meeting Eurozone Inflation Criteria by September
Bulgaria is on track to meet the inflation benchmark required for Eurozone membership by September
Bulgarian Finance Minister Urges META to Combat Russian Propaganda Ahead of European Elections
In a concerted effort to tackle the pervasive issue of disinformation and misleading content, Bulgarian Finance Minister Asen Vassilev, along with Minister of Economy and Industry Bogdan Bogdanov, engaged in discussions with executives from META
Politics | February 9, 2024, Friday // 11:46
NASA Director to Visit Bulgaria!
On the second day of his visit to Washington, the Minister of Finance, Asen Vassilev, visited the headquarters of the National Aeronautics and Space Administration (NASA) of the USA.
Society | February 8, 2024, Thursday // 15:30
Bulgarian Finance Minister Reports State Budget Deficit Drop in November
Finance Minister Asen Vassilev announced a significant decline in the state budget deficit for November, reaching a mere 0.6%. This marks a milestone in over two decades, with revenue from taxes surpassing expenditures—a first in this time frame
Romania Quietly Gears Up for Compulsory Military Service Amidst Personnel Shortage
Amid escalating tensions on its borders and a significant increase in the Ministry of National Defense budget, Romania is discreetly preparing for the reintroduction of compulsory military service
Russia to Step Up Attacks on Western Weapons Depots in Ukraine
Defense Minister Sergei Shoigu announced today that Russia will escalate strikes on Ukrainian storage bases housing weapons supplied by Western nations
Ukraine Suspends Consular Services for Men of Mobilization Age
In a move aimed at bolstering its military forces amid the ongoing war with Russia, Ukraine has announced the suspension of consular services for its male citizens eligible for military service and residing abroad
Ukrainian Minister Under Investigation for Alleged Land Grab
A high-profile scandal rocks Ukraine's political landscape as Mykola Solskyi, Minister of Agrarian Policy and Food and former Chairman of the Parliamentary Committee on Agriculture, faces allegations of involvement in an organized criminal group orchestra
Terrifying: Russian Jamming Attacks Leave Passenger Planes Helpless Over Europe!
A dire situation looms over European airspace as thousands of passenger planes, predominantly ferrying tourists, find themselves ensnared in a perilous web of Russian jamming attacks, leaving them disoriented and vulnerable mid-flight.
Global Freelance Rates: Bulgaria Secures 15th Spot in Professional Salary Rankings
Bulgaria holds the 15th spot worldwide in terms of average salaries for individuals engaged in freelance professions, boasting an average wage of $148
World | April 23, 2024, Tuesday // 09:45
