Bulgaria's Draft Budget for 2025: 3% Deficit, State Debt Growth, and Key Tax Changes
The Bulgarian Ministry of Finance has unveiled the draft budget for 2025, alongside the updated medium-term fiscal forecast covering 2025 to 2028
''We are starting work on signing agreements on water and rail transport with Serbia.'' This was announced by the Minister of Transport, Information Technology and Communications Ivaylo Moskovski after the meeting with the Deputy Prime Minister and Minister of Construction, Transport and Infrastructure of Serbia Zorana Mihajlovic. Participation in the meeting took the Minister of Regional Development and Public Works Nikolay Nankov.
Among the main topics of the talks were the connection and integration of the Western Balkans with the European Union, which is one of the priorities of the Bulgarian Presidency of the Council of the EU. The meeting also discussed the reduction of roaming between the two countries as well as the concession procedures at Sofia and Belgrade airports.
"Bulgaria is actively working on the construction of road and rail links between Sofia and Kalotina," said Minister Moskovski. The tender procedure for the Sofia-Voluyak railway section, which is financed by the Connecting Europe Facility, is underway.''
Minister Moskovski reminded that there is a technical project for the railway line from Voluyak to Dragoman and it is expected that the auctions will be announced at the latest in early 2019. "If there are no significant delays in the tendering procedures within 3 years, we will have a rail link and interoperability of systems between Bulgaria and Serbia, "he said.
Deputy Prime Minister Zorana Mihajlovic said that the border line with Bulgaria is a priority for their country and that funding is already provided for the electrification of the railway line from Nis to Kalotina.
There are talks at expert level between the two countries to discuss an agreement on cross-border rail traffic between Bulgaria and Serbia.
Minister Nikolay Nankov informed his Serbian counterpart that the Bulgarian side has launched the tendering procedures for the road section from Sofia to Kalotina and it is expected that in 2018 the real construction on these sections.
The Ministry of Foreign Affairs (MFA) of Bulgaria has announced ongoing efforts to secure safe departure options for Bulgarian citizens currently residing in Syria and wishing to leave
Otar Berdzenishvili, the Georgian Ambassador to Bulgaria, has announced his resignation in response to the Georgian government's decision to freeze EU membership talks
President Rumen Radev of Bulgaria has reaffirmed his country’s commitment to enhancing cooperation between the European Union and Vietnam
Joana Kehlibarova has been officially appointed as the Honorary Consul of Australia to Bulgaria
The UAE Embassy in Sofia, alongside Bulgaria's Ministry of Foreign Affairs, hosted a celebration of 33 years of diplomatic ties between the United Arab Emirates and Bulgaria
During a meeting with U.S. Department of Homeland Security (DHS) Assistant Secretary for International Affairs Adam Hunter, Acting Prime Minister Dimitar Glavchev discussed Bulgaria's progress towards joining the U.S. Visa Waiver Program
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
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