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

Restored 19th-century press rolls again in Plovdiv

After restoration, a 19th-century printing press from the printing house of Hristo G. Danov - the founder of Bulgarian book publishing - is back in action in Old Plovdiv. According to BNT, visitors to Danov’s house-museum at 2 Mitropolit Paisiy Street..

published on 5/24/25 1:22 PM
Grozdan Karadzhov, Minister of Transport and Communications (C), Kiril Valchev, the Director General of BTA (R), and Lyudmil Veselinov, the author of the artistic design, stamped a postage stamp dedicated to the 20 WMBM.

Postage stamp issued for 20th World Meeting of Bulgarian Media

A commemorative postage stamp marking May 24 — the Day of Saints Cyril and Methodius, the Bulgarian alphabet, education and culture, and Slavic literacy — as well as the 20th World Meeting of Bulgarian Media, was officially validated today. The..

published on 5/24/25 11:19 AM

“Trend”: Forty-three per cent of Bulgarians have not read a single book in the last year

The majority of Bulgarians (83%) consider reading books to be important. However, according to a survey conducted by the sociological agency Trend on behalf of 24 Hours between 12 and 18 May 2025, four out of ten people (43%) admit that they have not..

published on 5/24/25 10:57 AM