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

Prime Minister Galab Donev: "Bankruptcy of the state" is just a media headline

Photo: BGNES

The state finances are stable and there is no threat to the currency board, to the lev-euro exchange rate, to wages and pensions, caretaker Prime Minister Galab Donev said in an interview with Nova TV.

According to him, in the report of the Minister of Finance, related to the budget deficit and the measures proposed by the cabinet, a term like "bankruptcy of the state" cannot be seen and the phrase was just a media headline. "There is no danger of falling into a debt crisis; we are increasing collection, which for January and February is over 650 million euros more than that of the regular government," the Prime Minister said.

As for the measures by the state related to price control of basic food products, Galab Donev said there is a trend of price reduction in large stores and added that talks are still being held with the retail chains about the markup ceiling proposed by the cabinet.




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

European Best Destinations selects Plovdiv as wine capital of Europe 2025

Plovdiv has been selected as the wine capital of Europe for 2025, indicates a survey by the European Best Destinations tourist organization, Plovdiv Mayor Kostadin Dimitrov has announced. More than 284,000 people from 82 countries chose..

published on 3/10/25 11:51 AM

Migration wave along Bulgaria’s borders hits all-time low

“There is a consistent trend towards a drop in numbers and a curbing of the migration pressure,” Border Police Director, Chief Commissioner Anton Zlatanov, Director said in an interview for bTV. “When I took office, illegal migration had reached..

published on 3/10/25 10:15 AM

Constitutional Court to make public the results of the re-count of the votes at 2,204 polling stations

On 10 March, the Central Election Commission (CEC) is to hand the calculations from the election results over to the Constitutional Court. CEC Deputy Chair Mateva: Recalculation of election results should be ready by the end of next week..

published on 3/10/25 9:50 AM