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

Without a state budget Bulgaria will go bankrupt after 10 June

Boyko Borissov
Photo: BGNES

The agreement on forming a government on a rotating basis is not a coalition between the first and the second political force, GERB leader Boyko Borisov told reporters. In his words it is responsible behavior because otherwise in June “we shall have no state”. “I call it responsible behavior by parties that are diametrically opposed, with programmes that are 100% identical, which have at the same time put their egos aside, and have come together to overcome the crisis,” Boyko Borissov said.

According to Finance Ministry data, if no state budget for the year is approved  after 10 June, or if last year’s budget is not extended once more, the state will only be able to spend what it has collected. However, at the moment it is, in practice not possible to adopt a brand new budget for the year by 10 June, and the most probable hypothesis is for the MPs to vote one more extension of last year’s budget.

This means that spending will continue at the same level as during the same period of 2022, taking into account the enactments of the National Assembly, the Council of Ministers and other documents which set down additional or reduced budgetary means.



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

The Festival of Elena Dry-Cured Ham offers a rich folklore program, demonstrations and tastings

The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..

published on 10/24/25 7:50 AM

The Institute of Agriculture-Kyustendil celebrates the Festival of Agricultural Science with a tasting of new apple varieties

The Institute of Agriculture-Kyustendil will celebrate the Festival of Agricultural Science today with a tasting of new apple varieties and hybrids, the institute’s director, Associate Professor Iliyana Krishkova, told BTA. Farmers will be presented..

published on 10/24/25 7:05 AM

Band of rain to sweep across Bulgaria from west to east

On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day, skies will remain cloudy as rain moves from west to east, gradually easing in the afternoon with..

published on 10/23/25 7:05 PM