“I Warned You”: It’s Time to Stop the Budget Deficits Fueling Record Inflation
Bulgaria is the country with the highest inflation in the eurozone for the past month and with a deficit exceeding the permitted 3% – exactly what I warned about
Bulgaria is the country with the highest inflation in the eurozone for the past month and with a deficit exceeding the permitted 3% – exactly what I warned about
The Energy and Water Regulatory Commission approved yet another increase in the price of natural gas supplied by Bulgargaz
Bulgargaz EAD has launched a tender procedure for the delivery of one shipment of liquefied natural gas (LNG) to a terminal in Turkey
For April, the budget deficit has been reduced to zero, so no funds from the Fiscal Reserve will be used to cover it. This was announced by acting Finance Minister Georgi Klissurski
Bulgaria is not automatically at risk of an excessive deficit procedure, but faces a real risk of entering a corrective procedure if it fails to adhere to the set expenditure trajectory
Funds for the Investment Program for Municipal Projects, as well as for the renovation of residential buildings (or so-called energy-efficient renovation), are earmarked and secured
The €1.4 billion returned to the state budget by the Bulgarian Development Bank (BDB) could be used for pensions, salaries, and investments
Bulgaria ended 2025 with a deficit well outside the European rules on fiscal discipline, which require it to be no more than 3% of gross domestic product (GDP)
Caretaker Prime Minister Andrey Gyurov announced plans to withdraw €1.4 billion from the Bulgarian Development Bank (BDB), characterizing the funds as “locked up” assets
Five candidates – three individual companies and two consortia – have expressed interest in preparing the analyses, conceptual designs, and plans for the three new intermodal terminals