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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.
Living comfortably on a modest budget of 1,000 euros per month is entirely feasible in certain countries, according to a recent report by International Living magazine
The government, unions and employer organizations confirmed that they have reached a shared position on the key elements of the revised Budget 2026
Economist Dimitar Chobanov has warned that the current policies are pushing Bulgaria’s budget toward a structural deficit that is already becoming apparent
Bulgarian lawmakers voted overwhelmingly to pull back the draft state budget for 2026, along with the financial plans for the National Health Insurance Fund and the State Social Insurance system
Former Prime Minister and GERB leader Boyko Borissov stated that the recent nationwide protest in Bulgaria was not primarily calling for the government’s resignation but aimed at opposing the 2026 state budget
Former Deputy Prime Minister and Economy Minister Nikolay Vassilev criticized the government’s handling of the 2026 budget
Financial expert Max Baklayan has warned that the main risk in Bulgaria’s transition to the euro is not the exchange rate, but the increased likelihood of counterfeit currency
The Governing Council of the Bulgarian National Bank (BNB) has granted preliminary approval to Bulgarian-American Credit Bank AD (BACB) to acquire a controlling stake in Tokuda Bank EAD
Economist Dimitar Chobanov has warned that the current policies are pushing Bulgaria’s budget toward a structural deficit that is already becoming apparent
Bulgaria’s banking system will undergo a brief technical shutdown on New Year’s Eve
The demand for euro coin sets proved overwhelming, as post offices across Bulgaria reported that their stocks had rapidly depleted.
From December 1st, Bulgarians can purchase starter packages with the national side of the euro coins at banks and “Bulgarian Posts”
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