Send to Kindle
Kazakh President Kassym-Jomart Tokayev ordered a write-off of millions of dollars in debt for some of the poorest families in the country. The decision will release a total of 255,000 people from debt while at the same time alleviating the situation of thousands of others.
The order, which was published yesterday, says that the measure would be available to a number of disadvantaged groups as well as families with many children.
The order also includes restrictions targeting creditors, including "a ban on the provision of loans to citizens with incomes below the subsistence minimum" and additional "measures for the issuance of unsecured consumer loans".
Today’s nationwide protest focuses on the draft budget for 2026, which is moving to its second reading in parliamentary committees
Finance Minister Temenuzhka Petkova outlined the reasons behind the projected rise in Bulgaria’s debt for next year, which is set to reach 10.5 billion euros
Bulgaria’s first budget in euros has sparked strong criticism from economists and opposition politicians, who describe it as the worst financial plan in more than twenty-five years
Bulgaria unveils historic 51.4 billion euros budget amid concerns over rising debt and taxes
Bulgaria remains one of the European Union members with the lowest government debt relative to GDP, yet it also recorded one of the steepest increases in recent quarters
Russian President Vladimir Putin has acknowledged that Russian air defenses fired missiles at an Azerbaijani airliner before it crashed in Kazakhstan last December
EU legislators have reached a landmark agreement to end reliance on Russian gas by 2027, marking a decisive shift in Europe’s energy policy.
Ukrainian anti-corruption authorities and the Security Service of Ukraine (SBU) have identified a criminal group allegedly led by a sitting lawmaker, the National Anti-Corruption Bureau of Ukraine (NABU) reported on December 5
The race to find the mineral deposits needed to support the world's growing population and energy transition is on, and those using artificial intelligence technology for exploration and extraction are already leading the way
Storm Byron has caused significant disruption across southern Greece
Cloudflare is currently facing another significant service disruption, resulting in widespread 5xx errors and connectivity problems for websites and online services worldwide
US President Donald Trump said during the Christmas Tree Lighting Ceremony in Washington that he expects the war in Ukraine to be resolved eventually
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
