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View Full Version : Bulgaria Ends April with BGN 213 M Budget Surplus



poiuytrewq0987
05-05-2010, 03:49 AM
A billionaire alone is richer than the Bulgarian state right now... :D


Bulgaria, which runs one of Europe’s tightest fiscal polices, has ended April 2010 with a preliminary budget surplus of BGN 213 M, the finance ministry said on Tuesday.

“We expected that April will mark a turning point and will be indicative for the state of the economy and we were right,” Finance Minister Simeon Djankov commented.

“We hope that the most difficult months from the crisis are already in the past,” he added.

Bulgaria's budget deficit increased to BGN 1.67 B in the first three months of 2010 due to a fall in revenues and a rise in spending for social payments, the finance ministry said a day earlier.

http://novinite.com/view_news.php?id=115881