Bulgaria's Borissov: 'I'll Be Prime Minister Again-Whenever I Want'
GERB leader Boyko Borissov made a characteristically self-assured statement in Parliament, declaring that he would return to the prime minister’s post “whenever he wants”
Bulgaria's former Regional Minister, Lilyana Pavlova, has slammed the decision of the caretaker government to redirect BGN 20 M in order to help the poor, labeling it pure populism.
Pavlova, who was Minister in the Cabinet of Prime Minister, Boyko Borisov, and his Citizens for European Development of Bulgaria party, GERB, says she was stunned by the move to have 50% of the planned assistance for the most disadvantaged come on the expense of investments in infrastructure.
"This is in contradiction with the caretaker government's commitment to keep advancing infrastructure projects. The BGN 20 M will inflict direct and indirect losses for the State budget, which would reduce the real effect of the assistance. For example, this is the height of construction season and many construction workers could face layoffs over this, meaning another 2 000 to 3 000 signing with the labor bureaus for unemployment assistance. And these people have families," Pavlova says.
Recent analysis by the financial portal "Moite pari" indicates that interest rates on bank deposits are starting to climb, particularly noticeable among smaller banks over the past year
A new sea route between Burgas and Istanbul will begin operating on June 24, 2025
Bulgarian authorities have stepped up inspections across the country to combat unjustified price hikes amid concerns that some retailers might exploit the upcoming euro adoption to speculate
In 2024, the quality of bathing waters across the European Union remained high
A large part of the Bulgarian business sector is well-prepared for the euro changeover
Since the start of 2024, Bulgaria has issued 24,000 work permits to foreign nationals, marking a significant increase compared to previous years
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