Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

President Radev calls 2021 state budget inadequate

President Rumen Radev
Photo: BGNES

Bulgaria’s President Rumen Radev described the 2021 state budget as “inadequate to the reality and the challenges the country will face”, our reporter Mira Stefanova informs. In President Radev’s view, the revenues set in next year’s budget have nowhere to come from and social expenditures will be suspended.

The next cabinet will be placed in an extremely unfavorable situation- a depleted treasury, bankrupt households and businesses, lack of revenues, zero reforms and, most likely, social tensions.

In response, Deputy Premier Tomislav Donchev said that a new measure is support of the business to the tune of EUR 87 million will be announced on Monday.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Plamen Dimitrov

Bulgarian union leader warns of BGN 17–18 billion shortfall in draft budget

Plamen Dimitrov, president of Bulgaria’s largest trade union, the Confederation of Independent Trade Unions in Bulgaria (CITUB), has warned of a potential shortfall of around 17–18 billion leva (EUR 8.7–9.2 billion) in next year’s draft budget...

published on 10/17/25 3:16 PM
Hristijan Mickoski

North Macedonia's PM rules out unconditional constitutional recognition of Bulgarians

North Macedonian Prime Minister Hristijan Mickoski said his government will not unconditionally recognise Bulgarians in the country’s constitution.  “Nobody has the right to expect this government to make constitutional changes unconditionally,” he told..

published on 10/17/25 2:36 PM

Bulgarian rectors propose Danube University Alliances

‘The Bulgarian Rectors’ Council has proposed the creation of Danube University Alliances,’ said Professor Miglena Temelkova, the Council's chair, at the ‘Days of Bulgaria in Kecskemét, Hungary’ forum. The idea is for the alliances to include..

published on 10/17/25 2:13 PM