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

Bulgaria will continue to live with last year's budget at least until July

Photo: BGNES

With 207 votes, the MPs extended last year's state budget until July 31. This is the deadline set by the parliament for adopting the budget for 2023. Until July, revenues and expenses remain within the limits of 2022, taking into account acts of the parliament and the government that have come into force for additional or reduced budget expenses.

Finance Minister Assen Vassilev said that the treasury has more than 5 billion euros and "any talk of bankruptcy is untenable". The next 2 weeks we will talk about the wallet within a 3% deficit, he pointed out. In the discussion, the ruling majority called for keeping taxes the same and said education costs should reach at least 4.5% of GDP.




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

Bulgarian Judges Association raises concern over new antivirus software

Judges have opposed the introduction of a new antivirus agent on their computers. The magistrates fear that it could violate personal data protection rules and compromise the independence of the judiciary. In an official letter, the Bulgarian..

published on 11/26/25 12:21 PM

Boyko Borisov: Bulgaria will join the eurozone on January 1 despite protests

GERB leader Boyko Borisov said in Parliament that Bulgaria will become a member of the eurozone on January 1, regardless of protests organized by representatives of We Continue the Change Democratic Bulgaria (PP-DB). He was commenting on opposition..

published on 11/26/25 11:06 AM

Bulgaria at risk of non compliance with the EU's fiscal framework in 2026

Six countries, including Bulgaria, are at risk of non compliance with the EU fiscal framework in 2026. This is highlighted in the 2026 European Semester Autumn Package, adopted by the European Commission. Another 12 countries are urged to continue..

published on 11/26/25 10:06 AM