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EPA/BGNES
The budget surplus will, once again, exceed BGN 1B (approximately EUR 500M) at the end of March, the Ministry of Finance forecasts.
At the end of February it stood at a little over BGN 800M. Revenues from taxes have increased compared to last year, as has expenditure, but the latter is due most of all to higher payments for health and social insurance as a result of the increase in pensions in July 2016 and of the minimum wage in January.
Finance Minister Temenuzhka Petkova discussed the recently adopted 2025 national budget, emphasizing that it was a step toward stabilizing Bulgaria's public finances
Bulgaria's Parliament has approved the creation of a state-owned chain of grocery stores in post offices across the country, based on a proposal by Delyan Peevski
After an extensive session in the Bulgarian National Assembly, MPs approved the state budget for 2025 following a lengthy debate and multiple votes
At a press conference in Parliament on "The Truth About the Recovery and Resilience Plan," Asen Vassilev, co-chair of "We Continue the Change" (WCC), criticized the proposed state budget
Bulgaria's Parliament has passed the State Budget Bill for 2025 at its first reading
At the end of February, Bulgaria’s budget recorded a deficit of 1 billion leva (500 million euros)
The Bulgarian National Bank (BNB) projects that Bulgaria’s real GDP will continue expanding steadily over the coming years
Two leading global credit rating agencies, Fitch Ratings and S&P Global Ratings, have raised Bulgaria’s long-term foreign currency credit rating to ‘BBB+’ with a stable outlook, marking the highest level in the medium investment-grade tier
The adoption of the euro inevitably brings a degree of unease and uncertainty, much like the introduction of the currency board in the 1990s
Loan interest rates in Bulgaria are expected to stay stable even after the transition to the euro
The Ministry of Finance has introduced an online currency conversion calculator, now available on the official euro adoption website for Bulgaria - evroto.bg
The Bulgarian National Bank (BNB) is launching the minting of Bulgarian euro coins this week
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe
