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

Ruling majority concerned whether it would be able to achieve 3% budget deficit

Delyan Dobrev
Photo: BGNES

The tax laws will be revised and the budget will be revised. This is what GERB MP Delyan Dobrev, chairman of the Budget and Finance Committee in the parliament told the Bulgarian National Radio. The European Commission certainly has concerns about whether Bulgaria will be able to draw up a budget with a 3% deficit within 2025, Dobrev said.

"What we and the EC see is that the starting point of the deficit is 9%, not 3%. The 18 billion in question is a deficit that is no longer in dispute. With a 9% deficit we cannot enter the eurozone. Therefore, it is better to try to reduce it to 3% and only then submit the request for a convergence report. With a 9% deficit, Greece went bankrupt 4-5 years ago," Dobrev recalled.



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

Petrova Niva marks 122 years since the Ilinden-Preobrazhenie Uprising

The 122nd anniversary of the Ilinden-Preobrazhenie Uprising will be marked today in the historical area of Petrova Niva in Strandzha. The celebration is being held under the auspices of President Rumen Radev, who will also participate in the event, the..

published on 8/16/25 6:45 AM

The end of the week will be warm but windy, especially at sea

  On Saturday minimum temperatures will range from 14°C to 22°C , around 17°C in Sofia. The day will be largely sunny, with some cumulus cloud building over the western half of the country during the afternoon. Moderate winds from the east-north-east will..

published on 8/15/25 7:05 PM
Petar Dilov

Ministry of Economy: Prices in levs and euros must be the same size

Prices must be displayed in the same font size for both currencies, with designations that are clear to the consumer. There is no requirement which currency is written first. This was stated by the Minister of Economy and Industry Petar Dilov after a..

published on 8/15/25 5:36 PM