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

Minister of Finance: Bulgaria is able to cope with upcoming crises

Photo: BGNES

Bulgaria is able to cope with the coming crises without higher budget deficit. This is what caretaker Minister of Finance Assen Vassilev said in parliament.

He presented the parameters of the budget update for the current year. It envisages that by the end of 2021 the budget will have 1.074 billion euros more than previously planned revenues, as EUR 980 million will be provided for more expenses to address the pandemic wave. 220 million euros will be provided to aid the business and 171 million euros are earmarked for healthcare.

The debates on the update of the state budget continue on Friday, BNR reporter Marta Mladenova informed.




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

Switzerland supports Bulgaria's migration policies with over 21 million Swiss Francs

Switzerland is providing financial assistance worth 21,350,000 Swiss Francs to support Bulgaria's migration policies. "As EU's external border we have the responsibility to prevent the entry of persons who may pose a security threat, and on the other..

published on 10/28/25 6:50 PM

Draft Budget Signals Lower Minimum Wage but Higher Pension Contributions

Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code , BNR “Horizont” reports. According to sources, the minimum wage will be €605 rather than €620 (BGN..

published on 10/28/25 4:48 PM

The Bulgarian section of the Vertical Gas Corridor to be completed by end of 2026, Energy minister says

Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..

published on 10/28/25 2:55 PM