Nearly 120,000 Young Bulgarians Struggling with Debt
Nearly 120,000 young Bulgarians are currently in debt
The debt piled up by Bulgarian municipalities has peaked to BGN 200 M over the course of 2016, according to preliminary estimates.
The financial situation of many municipalities will push some to increase fees for certain services, Emil Savov, deputy CEO at an organization representing the 265 municipalities, has told the Bulgarian National Radio.
Local taxes, however, are expected to remain intact in most of the municipalities, Savov has made clear.
Prolonged debts are to a certain extent caused by even bigger amounts of prolonged receivables, he has added.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
Head of the Military Medical Academy (MMA) Major General Prof.
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