Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Finance Minister: The budget will last all year, regardless of who is in power

Finance Minister Kiril Ananiev
Photo: Press Office of Ministerial Council

No matter which government will be in power, the new budget will last, even if the epidemic gets worse. This position was expressed by Bulgaria's Finance Minister Kiril Ananiev in an interview for BNT. He believes that the budget has no alternative. 

"We have saved thousands of people, and in some cases hundreds of thousands," the minister said, referring to  the support measures for businesses and employees affected by the crisis. 
"If the measures did not exist, Bulgaria would be at the level of Western European countries with a budget deficit of over 10%," he said, stressing that Bulgaria's deficit is the lowest in the EU. 
Kiril Ananiev predicts that Bulgaria will enter the eurozone in 2024 at the latest.



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

Natural gas prices up 3% in October

The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The 3% price increase is expected to be approved by the Energy Regulatory Commission. The October price..

published on 10/1/24 5:12 PM

Commercial operations of the Alexandroupolis LNG terminal begin

T he  LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The facility features state-of-the-art technology with a maximum regasification capacity of 5.5 billion..

published on 10/1/24 11:01 AM

NSI: Business expectations fall due to uncertain economic environment

In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable assessment in the industry sector, where the indicator fell by 5.2 points. Managers in industry reported..

published on 9/30/24 2:02 PM