Council of Ministers

The Bulgarian government has allocated an additional 38 million leva to the Ministry of Defense for 2024 to cover expenses related to the acquisition of a new type of combat aircraft.

"We Continue the Change" (WCC) has announced that Bulgaria will start the new year without an approved state budget. This follows the Ministry of Finance's decision not to submit an extension for the 2024 budget, leaving the country in a difficult financial position for 2025.

The Interim Report of the Bank of Greece on Monetary Policy 2024 was submitted today to the Speaker of the Greek Parliament and the Council of Ministers.

Bulgaria's caretaker Prime Minister Dimitar Glavchev has refrained from signing the cooperation agreement with Ukraine, citing the need for a decision from the National Assembly. Speaking to journalists in Brussels, Glavchev explained that the agreement, which has a 10-year duration, requires parliamentary direction before being finalized.

Caretaker Prime Minister Dimitar Glavchev has sought approval from the National Assembly to sign a security cooperation agreement with Ukraine. His request was made through a letter to the Speaker of Parliament, Natalia Kiselova, and distributed to all parliamentary groups, as confirmed by a press release from the Council of Ministers.

Bulgaria's Ministry of Finance has decided to abandon the proposed tax on subsoil resources, according to Acting Deputy Prime Minister and Minister of Finance, Lyudmila Petkova. During a parliamentary blitz control, Petkova explained that the Minister of Energy would increase concession fees to compensate, at least partially, for the anticipated revenue loss.

The government of Cyprus is stepping up to help homeowners struggling with rising interest rates and inflation.

In a recent meeting at the Presidential Palace, President Nikos Christodoulides and the Council of Ministers approved a new mortgage interest rate subsidy scheme designed to give households some financial relief.

Hello, the Christmas spirit continued yesterday in our politics, with K.M warmly welcoming Mayor Charis along with Christos Protopappas, as well as his own Skertsos and Livanio, who of course are also the Prime Minister’s airport transfers from PASOK. At the meeting, of course, was also Mylonakis with the Secretary-General of the Ministry of Development, Mrs.

Bulgaria may halt the transit of Russian gas to Serbia via the TurkStream pipeline starting in the new year if Gazprom fails to ensure payment compliance with U.S. sanctions against Gazprombank.

Bulgaria's Ministry of Defense has confirmed that the government has approved the provision of additional military assistance to Ukraine, as part of its ongoing support. On November 27, Dimitar Glavchev's caretaker cabinet voted in favor of sending a new batch of weapons to Ukraine, in line with the National Assembly's decisions.