Podcast in English
Text size
Bulgarian National Radio © 2025 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

Bulgaria reports 0.1% monthly inflation for August

In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute. Monthly inflation in August dropped to 0.1%, compared to 1.7% in July. Inflation measured from..

published on 9/15/25 1:44 PM

Company invests over 1 million euros in its production in Bozhurishte

A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..

published on 9/14/25 9:10 AM
Petar Dilov

Ministry of Economy: The direct impact of US tariffs on Bulgarian exports may total €468 million

The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports.  The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..

published on 9/10/25 4:45 PM