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Finance Minister Galab Donev: European Commission to Continue Excessive Deficit Procedure Against Bulgaria

The European Commission will firmly continue with the procedure to declare Bulgaria in excessive deficit. The government will submit the new budget to Parliament for debate by the end of June. This was stated by Deputy Prime Minister and Finance Minister Galab Donev during a Question Time and...
Чете се за: 05:37 мин.
"Fair Value": New Package of Measures Against High Food Prices Being Prepared by the Government
"Fair Value": New Package of Measures Against High Food Prices Being Prepared by the Government
A new package of measures aimed at addressing the continued rise in food prices has been approved by Parliament. Under the changes, which were adopted at final reading, the concept of a "fair...
Чете се за: 05:05 мин.
Draft Budget for 2026 Will Be Submitted by the End of June, Finance Minister Said
Draft Budget for 2026 Will Be Submitted by the End of June, Finance Minister Said
The draft Budget for 2026 will be submitted by the end of June, Deputy Prime Minister and Finance Minister Galab Donev said during a Question Time parliamentary oversight session on June 5. He...
Чете се за: 01:37 мин.
Meeting between Rumen Radev and Kyriakos Mitsotakis: Work Is Underway to Increase the Capacity of Bulgaria–Greece Gas Interconnector
Meeting between Rumen Radev and Kyriakos Mitsotakis: Work Is Underway to Increase the Capacity of Bulgaria–Greece Gas Interconnector
Greek Prime Minister, Kyriakos Mitsotakis, arrived in Bulgaria today, June 4, for a meeting with Rumen Radev – with one of the key priorities for both countries being energy and transport...
Чете се за: 02:52 мин.
Parliament Curbed the Powers of the Special Commercial Administrator at “Lukoil Neftochim”
Parliament has restricted the powers of the special commercial administrator at “Lukoil Neftochim” so that he can no longer dispose of...
Чете се за: 03:52 мин.
Bulgarian Parliament Establishes 24 Standing Committees
Bulgaria’s National Assembly has established 24 standing parliamentary committees, with 14 of them chaired by members of Progressive...
Чете се за: 04:22 мин.
Bulgaria and Greece Are an Axis of Stability in South-Eastern Europe, Says PM Rumen Radev
Bulgaria and Greece have become a strong axis of stability and a guarantor of the European future of the entire South-Eastern European region....
Чете се за: 04:17 мин.
Higher Deficit, More Reforms: What Are Brussels' Recommendations to Bulgaria
The European Commission has proposed opening an excessive deficit procedure for Bulgaria. Brussels' concerns are related to the increasing trend...
Чете се за: 04:30 мин.
Reactions in Parliament After Finance Minister Announces 7.4% Budget Deficit
Reactions in Parliament After Finance Minister Announces 7.4% Budget Deficit
Following Finance Minister Galab Donev’s announcement that Bulgaria’s projected...
Чете се за: 04:17 мин.
Evgeni Simeonov Appointed New Special Commercial Administrator of Lukoil Neftochim
Evgeni Simeonov Appointed New Special Commercial Administrator of Lukoil Neftochim
Evgeni Simeonov has been appointed as the new Special Commercial Administrator of Lukoil...
Чете се за: 04:55 мин.
Deputy Prime Minister Galab Donev: Budget Deficit Stands at 7.4%
Deputy Prime Minister Galab Donev: Budget Deficit Stands at 7.4%
“What is the financial reality at present? A deficit of 7.4% if no existing policies are...
Чете се за: 05:17 мин.
Bulgarian Government to Consider Replacing Lukoil’s Special Administrator, Prime Minister Says
Bulgarian Government to Consider Replacing Lukoil’s Special Administrator, Prime Minister Says
A meeting of the Security Council under the Council of Ministers has concluded, during which the...
Чете се за: 06:47 мин.
OECD Has Revised its 2026 Economic Growth Forecast for Bulgaria Downward to 2.5% Due to Inflation and High Energy Costs
OECD Has Revised its 2026 Economic Growth Forecast for Bulgaria Downward to 2.5% Due to Inflation and High Energy Costs
The Organisation for Economic Co-operation and Development (OECD) expects Bulgaria’s...
Чете се за: 08:47 мин.
Restoring Peace in the Middle East Would Strengthen Stability in Europe, PM Rumen Radev Said at a Meeting with Lebanon's Defence Minister
Restoring Peace in the Middle East Would Strengthen Stability in Europe, PM Rumen Radev Said at a Meeting with Lebanon's Defence Minister
The restoration of peace in the Middle East will strengthen the stability of Europe, which is...
Чете се за: 02:07 мин.
PM Rumen Radev: Competitiveness of the Bulgarian Economy Is Key to Sustainable Development of the Country
PM Rumen Radev: Competitiveness of the Bulgarian Economy Is Key to Sustainable Development of the Country
The competitiveness of the Bulgarian economy is of key importance for the sustainable...
Чете се за: 03:10 мин.
'Progressive Bulgaria' Withdrew Its Proposal for New Debt
'Progressive Bulgaria' Withdrew Its Proposal for New Debt
The governing parties have withdrawn their proposal for nearly €4bn in new government...
Чете се за: 06:05 мин.
Journalist and MP Lyuben Dilov Jr Dies
Journalist and MP Lyuben Dilov Jr Dies
Lyuben Dilov Jr, a Member of Parliament, has died. The news was announced in a Facebook post by...
Чете се за: 03:47 мин.
"Progressive Bulgaria" Proposes Three Budget Measures, Including Reduction of Party Subsidy
"Progressive Bulgaria" Proposes Three Budget Measures, Including Reduction of Party Subsidy
There is an urgent need for funding in order to prevent harm to municipalities and businesses,...
Чете се за: 05:05 мин.
PM Rumen Radev Calls on Regional Governors for Swift Disaster Response, Lawful Governance and Investment Strategies
PM Rumen Radev Calls on Regional Governors for Swift Disaster Response, Lawful Governance and Investment Strategies
Rapid and effective disaster response, lawful administration, and strategies for attracting...
Чете се за: 03:35 мин.
President Iotova: Europe’s Priorities Should Not Come at the Expense of Cohesion Policy
President Iotova: Europe’s Priorities Should Not Come at the Expense of Cohesion Policy
Bulgaria's President Iliana Iotova opened the sixth edition of the Green Transition Forum,...
Чете се за: 09:22 мин.
NA Speaker Presents Parliament's Priorities to EU Ambassadors
NA Speaker Presents Parliament's Priorities to EU Ambassadors
The adoption of legislative changes linked to Bulgaria’s commitments under the Recovery...
Чете се за: 06:00 мин.
Leadership Shake-Up at BFSA: New Management Appointed After Mavrovski’s Removal
Leadership Shake-Up at BFSA: New Management Appointed After Mavrovski’s Removal
Svetla Yancheva has been appointed as the new Executive Director of the Bulgarian Food Safety...
Чете се за: 04:20 мин.
Vladislava Kazakova is the new Executive Director of the State Fund Agriculture
Vladislava Kazakova is the new Executive Director of the State Fund "Agriculture"
Vladislava Kazakova is the new Executive Director of the State Fund “Agriculture”. Earlier...
Чете се за: 00:35 мин.
Prof. Svetla Yancheva is the new Director of Bulgarian Food Safety Agency
Prof. Svetla Yancheva is the new Director of Bulgarian Food Safety Agency
The new Executive Director of the Bulgarian Food Safety Agency is Prof. Svetla Yancheva. This...
Чете се за: 03:27 мин.
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