Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Boyko Borissov: With a 6.4% deficit we can forget about the Eurozone

Photo: BTA

“If the budget deficit set down by the caretaker government remains at 6.4% we can forget about the Eurozone,” GERB leader Boyko Borissov said at a press conference.

There are three options for bringing it down, he said, raising taxes, cutting expenditure or a new debt. The former prime minister also pointed to some booby-traps in the draft budget, among them the expensive gas stored at Chiren, the gaping holes in the budgets of the municipalities, the missing money for motorways and bridges.

“We either back the budget and the reforms, or we say, all together: “We are letting the debt go”, because in one month the country is going to collapse,” Boyko Borissov said, and urged We Continue the Change/Democratic Bulgaria, for the sake of the country, to come together and drag the country out of the crisis. “And afterwards – even if we are not there, there will always be parties,” he said. 



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

GERB will not sign PP/DB’s declaration for a cordon sanitaire around Delyan Peevski, Boyko Borissov says

During the regional GERB youth academy in Targovishte, GERB leader Boyko Borissov stated that GERB would not sign the declaration of We Continue the Change/Democratic Bulgaria (PP/DB) for a cordon sanitaire around Delyan Peevski. PP/DB calls..

published on 11/30/24 3:17 PM

Protest in Velingrad in support of farmers with flocks which tested positive for sheep and goat plague

A protest took place in Velingrad in support of the farmers whose flocks of sheep have been quarantined because of positive tests for sheep and goat plague. To stop the spread of the disease, access to the area around the farms has been..

published on 11/30/24 1:10 PM

EC gives Bulgaria 6 months to introduce necessary reforms under the Recovery and Resilience Facility, or it may lose EUR 653 million

Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..

published on 11/30/24 11:55 AM