Bulgaria Achieves 3% Budget Deficit, Ready for Eurozone Integration
Bulgaria has fulfilled the final requirement for joining the eurozone by meeting the budget deficit criterion
Bulgarian Prime Minister Nikolai Denkov commended Finance Minister Assen Vassilev and his team for achieving a 2.2% budget deficit for 2023, surpassing the anticipated 3%. Denkov hailed this success, emphasizing that it's a notable improvement compared to the forewarned higher percentages that were previously speculated.
Denkov cautioned against placing trust solely in statements lacking substantiation and urged the public to evaluate tangible actions and results. He highlighted that this reduced deficit allows for an additional budget allocation of BGN 1.2 billion for municipalities' projects this year, emphasizing the positive impact these funds can have on various community initiatives.
Speaking optimistically about Bulgaria's trajectory, Denkov affirmed the government's commitment to enacting changes for the country's betterment. While acknowledging that the effects might take time to manifest in citizens' daily lives, he expressed confidence in the ongoing positive developments and the potential improvements in the year ahead.
The pro-Russian Bulgarian political party, "Revival" (Vazrazhdane), has announced plans to propose urgent legislative changes aimed at the immediate extradition of refugees who do not meet the official criteria
Bulgarian Prime Minister Rosen Zhelyazkov has issued a firm ultimatum, giving ministries and agencies 10 days to ensure the BG-Alert system is fully operational.
Bulgarian Foreign Minister Georg Georgiev held a phone conversation with U.S. Secretary of State Marco Rubio on April 29
President Rumen Radev has urged North Macedonia to stop blaming Bulgaria for delays in its path toward EU membership
Bulgarian President Rumen Radev is taking part in the 10th edition of the Three Seas Initiative Summit
The trial against former Prime Minister and "We Continue the Change" co-leader Kiril Petkov will officially begin on June 10, with the hearing of witnesses
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