Radev to Skopje: Stop Blaming Bulgaria, Deliver on EU Reforms
President Rumen Radev has urged North Macedonia to stop blaming Bulgaria for delays in its path toward EU membership
Politics | April 30, 2025, Wednesday // 23:00
Bulgaria Commits to 3% Budget Deficit in 2025, Finance Minister Confirms
- Tweet
Send to Kindle
Bulgaria's Deputy Prime Minister and Finance Minister, Lyudmila Petkova, confirmed that the draft budget for 2025 will target a deficit of no more than 3% of the country’s GDP. This assurance was made during a meeting with European Commissioner for Economy Paolo Gentiloni ahead of the Eurogroup meeting, according to a statement from the Ministry of Finance.
The discussion also covered the progress of Bulgaria's Recovery Plan, including the government’s proposed amendments and the specifics of the REPowerEU chapter.
Petkova emphasized that the caretaker government will push for the National Assembly to debate and approve these changes, stressing the urgent need to act to prevent the country from losing billions of leva in funding under the plan.
Related Articles:
Bulgaria to Launch Europe's First Operational AP1000 Reactor
Bulgaria is set to become the first European country to operate an AP1000 reactor, according to Energy Minister Zhecho Stankov, speaking at a symposium hosted by Westinghouse in Sofia
Photovoltaic Installations Banned on Bulgaria’s Arable Land Following Court Ruling
The Constitutional Court of Bulgaria has repealed legislative changes made two years ago that permitted the installation of photovoltaic (solar) systems on arable agricultural land
Weather Warning in Bulgaria: Subzero Lows Followed by Warmer Daytime Temps
On Wednesday, April 30, Bulgaria will experience mostly sunny weather, accompanied by a light to moderate east-northeast wind
Bulgaria Assesses Minimal Direct Impact from U.S. Tariffs, Warns of Broader EU Risks
Minister of Economy and Industry Petar Dilov stated during parliamentary oversight that the recently imposed U.S. export tariffs are unlikely to have a substantial direct effect on Bulgaria’s economy
Business | April 29, 2025, Tuesday // 16:33
Bulgaria Shrinks Again: Births Drop, Deaths Rise
At the end of 2024, Bulgaria's population stands at 6,437,360 people
Society | April 29, 2025, Tuesday // 16:22
Bulgaria Takes on New Foreign Debt
Bulgaria has taken on new state debt amounting to 4 billion leva
Bulgaria Meets All Criteria for Euro Adoption, Eyes Positive EC and ECB Reports
Bulgaria anticipates favorable outcomes from the upcoming reports by the European Commission (EC) and the European Central Bank (ECB) on its euro adoption
Bulgaria’s Transition to the Eurozone: Prices Will Be Listed in Leva and Euros One Month After Green Light
A month after Bulgaria receives approval to join the eurozone, all traders are required to display prices in both leva and euros
IMF Predicts Slower Economic Growth for Bulgaria in 2025
The International Monetary Fund (IMF) has revised its forecast for Bulgaria’s economic growth, predicting a slowdown to 2.5% in 2025
Moody's Positive Outlook for Bulgaria’s Banking Sector, Highlights Eurozone Integration
Following its earlier confirmation of Bulgaria's credit rating at Baa1, Moody's has revised the outlook for the country's banking sector from stable to positive
KYC in Crypto: Is It a Must for Every Transaction?
Cryptocurrency has become a significant part of the financial world, but as it grows, so do the questions about Know Your Customer (KYC) requirements.
