Borissov Loses Patience: Political Bargaining Over Key Positions and Budget 2025
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Surplus money registered in the current account balance for the first half of 2016 will be invested into regions that are less developed economically, Bulgaria's Prime Minister Boyko Borisov said on Saturday.
He made the announcement while meeting mayors from three northeastern Bulgarian regions.
He added some projects that are "vital for mayors and the improvement of lives of people" would be funded by the surplus.
Borisov said the northwestern area of the country (which is the EU's poorest region), the so-called "mixed regions" (much of southern and northeastern Bulgaria) and Hemus motorway would be funded as a priority.
The construction of Hemus was marked by scandals related to its tender procedure.
But the motorway is crucial for the development of Bulgaria's north which lags behind the south in terms of economy and infrastructure.
According to the European Commission's Spring 2025 Economic Forecast, Bulgaria’s economy is projected to grow at a slower pace
Economist Georgi Stoev has launched a personal awareness campaign on social media to address concerns about the euro introduction in Bulgaria
Bulgaria’s transition to the euro raises many questions about how loans and payments will be handled
During the Investor.bg Banking Today conference, held on May 13 at the Inter Expo Center, Prof. Raul Eamets emphasized that Bulgaria is practically already linked to the euro due to the currency board
Bulgaria has reported a deflation rate of -0.8% for April 2025, with annual inflation recorded at 3.5%
According to the latest data from the Bulgarian National Bank (BNB), the number of individuals in Bulgaria holding bank deposits of over 1 million BGN continues to rise steadily—at an average rate of one new millionaire depositor per day.
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase