The EU Finance Ministers have decided to set Bulgaria under the excessive deficit procedure, a program to reduce its budget deficit below the 3% threshold required by the Stability and Growth Pact....
Bulgaria's government does not provide for any tax hikes in the draft 2011 state budget bill, announced Finance Minister Simeon Djankov....
Bulgaria and seven other EU member states do not yet meet all the conditions for the adoption of the euro, the European Commission has concluded in its convergence report....
US President Barack Obama has announced a USD 3.8 T 2011 budget plan which includes increased spending for job schemes, but cuts in other areas....
Bulgaria's Finance Ministry has amended its forecast for a 2% decline of the economy in 2010 switching to expecting a 0,3% GDP growth....
The Bulgarian National Bank is going to contribute BGN 456M from its 2009 operations to the state budget for 2010....
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