“If the budget deficit set down by the caretaker government remains at 6.4% we can forget about the Eurozone,” GERB leader Boyko Borissov said at a press conference.
There are three options for bringing it down, he said, raising taxes, cutting expenditure or a new debt. The former prime minister also pointed to some booby-traps in the draft budget, among them the expensive gas stored at Chiren, the gaping holes in the budgets of the municipalities, the missing money for motorways and bridges.
“We either back the budget and the reforms, or we say, all together: “We are letting the debt go”, because in one month the country is going to collapse,” Boyko Borissov said, and urged We Continue the Change/Democratic Bulgaria, for the sake of the country, to come together and drag the country out of the crisis. “And afterwards – even if we are not there, there will always be parties,” he said.
With a majority of 197 votes and eight “abstentions”, the MPs accepted the resignation of the former co-chairman of “We Continue the Change” Kiril Petkov as an MP. He took political responsibility for the corruption scandal in..
The authorities in Burgas are introducing a 35-kilometer security zone in the waters of the Burgas Bay, where waiting tankers will not be allowed, BTA reported. The measure is in response to growing public discontent over the strong..
Bulgarian short animated film “The Artist’s Daughter” will be presented today in Tokyo as part of the EU Film Days, BTA reports. The animation is part of the festival program in the “Memory and History” section. “The Artist’s..
A historical festival in the "Gradishte" area, where the ruins of an early Byzantine fortress are located, is organized today from..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
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