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

Without a state budget Bulgaria will go bankrupt after 10 June

Boyko Borissov
Photo: BGNES

The agreement on forming a government on a rotating basis is not a coalition between the first and the second political force, GERB leader Boyko Borisov told reporters. In his words it is responsible behavior because otherwise in June “we shall have no state”. “I call it responsible behavior by parties that are diametrically opposed, with programmes that are 100% identical, which have at the same time put their egos aside, and have come together to overcome the crisis,” Boyko Borissov said.

According to Finance Ministry data, if no state budget for the year is approved  after 10 June, or if last year’s budget is not extended once more, the state will only be able to spend what it has collected. However, at the moment it is, in practice not possible to adopt a brand new budget for the year by 10 June, and the most probable hypothesis is for the MPs to vote one more extension of last year’s budget.

This means that spending will continue at the same level as during the same period of 2022, taking into account the enactments of the National Assembly, the Council of Ministers and other documents which set down additional or reduced budgetary means.



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

Four people injured in the Kočani fire to be discharged from Pirogov Emergency Hospital

Four of the people injured in the fire that broke out at a nightclub in the Macedonian city of Kočani will be discharged today from the Pirogov Emergency Hospital, announced Prof. Maya Argirova, head of the hospital’s Department of Burns and Plastic..

published on 4/8/25 9:17 AM

Ministry of Justice proposes measures to address delays in cases involving serious traffic accidents

The Ministry of Justice has published for public discussion a package of legislative changes against delay in serious road accident cases. These measures are the result of a commitment made by Minister of Justice Georgi Georgiev to parents..

published on 4/8/25 9:03 AM

Bulgaria debuts with a national pavillion at Salone del Mobile 2025

For the first time, Bulgaria is presenting a national  pavillion  at the prestigious furniture and interior design exhibition Salone del Mobile 2025 , which takes place from 8 to 13 April in Milan, Italy. Eight Bulgarian  companies will..

published on 4/8/25 8:15 AM