Bank financing was provided for the construction of Balkan Stream in the form of a secured loan of EUR 200 million. This was reported by Bulgartransgaz. The […]
Category: Politics & Elections
Pensions Will Increase By Almost 7% Since July 1st 2020
From July 1, 2020, pensions will increase by 6.7 percent, according to the draft budget of the State Social Security for 2020. Expenditures for pensions will be with BGN 729 million […]
Facebook Established The Libra Association In Geneva
The Libra Association, which will manage Facebook’s virtual currency, was formally established with the signatures of 21 Geneva founding members. This was announced on Monday night by the secretary-general […]
The Euro Zone Budget Will Be Approximately EUR 17 Billion
European finance ministers have agreed on the details of a relatively small investment and reform budget within the euro area, which will start operating in 2021. The euro […]
Agreements For Financing The Gas Connection Between Bulgaria – Greece Are Signed
Several gas-to-gas agreements between Bulgaria and Greece have been signed in Sofia. The treaties were signed by the line ministers of the two countries – Temenuzhka Petkova, Konstantinos Hatzidakis, shareholders, the […]
Bulgaria And Jordan Will Deepen Their Cooperation In Tourism
The Council of Ministers has approved a draft Memorandum of Understanding between Bulgaria and Jordan for tourism cooperation, said the government press office. The document reflects the willingness of the countries to […]
IMF: Trade Wars Affect The Global Economy
Trade wars around the world have a strong negative impact on global economic growth. The International Monetary Fund has warned about this. The Executive Director […]
Council Of Ministers To Allocate BGN 200 Million Additional For Hospital Care From 2020 (Summary)
More than BGN 200 million will be allocated for hospital care by 2020, the government announced. This happened after a meeting at the Council of […]
6.6% Increase In Pensions From July 1, 2020
Increase in all pensions by 6.6% from July 1, social minister Bisser Petkov announced on the BNT. In addition to more money for retirees, the […]
Bulgaria’s Trade With Kazakhstan Has Doubled In Just One Year
In just one year, trade between Bulgaria and Kazakhstan has doubled. The ambassador of the Asian state, Temirtay Izbastin, said this in Ruse. He visited […]
