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

Prime Minister Galab Donev: "Bankruptcy of the state" is just a media headline

Photo: BGNES

The state finances are stable and there is no threat to the currency board, to the lev-euro exchange rate, to wages and pensions, caretaker Prime Minister Galab Donev said in an interview with Nova TV.

According to him, in the report of the Minister of Finance, related to the budget deficit and the measures proposed by the cabinet, a term like "bankruptcy of the state" cannot be seen and the phrase was just a media headline. "There is no danger of falling into a debt crisis; we are increasing collection, which for January and February is over 650 million euros more than that of the regular government," the Prime Minister said.

As for the measures by the state related to price control of basic food products, Galab Donev said there is a trend of price reduction in large stores and added that talks are still being held with the retail chains about the markup ceiling proposed by the cabinet.




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

Testing of Average speed control systems started today

Testing of the sectional average speed control system began today. The tests are being conducted by the National Toll Authority in cooperation with the Bulgarian Institute of Metrology and are aimed at verifying the accuracy of the measurements before the..

published on 4/10/25 3:59 PM

Police bust human smuggling ring active since 2022

On 7 April, the Directorate for Combating Organised Crime dismantled a migrant smuggling network. Three people were arrested - the organiser and two of his associates.   The organiser is a third-country national who has been denied refugee status in..

published on 4/10/25 3:04 PM
Georgi Ivanov (R) and Nikolai Rukavishnikov.

46 years ago today: Georgi Ivanov became the first Bulgarian cosmonaut

On this day 46 years ago, Georgi Ivanov made history as the first Bulgarian to go into space.   On 10 April 1979, at 20:34 Moscow time, the Soyuz-33 spacecraft was launched into orbit with Georgi Ivanov and Soviet commander Nikolai Rukavishnikov on..

published on 4/10/25 1:29 PM