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

Kristalina Georgieva calls for increasing revenues and reducing deficit

Photo: BGNES -library

Bulgaria should focus on adopting a budget that will help it enter the eurozone, International Monetary Fund Managing Director Kristalina Georgieva told Nova TV. According to her, the country is on its way to solving the problem of higher inflation. The forecast is for inflation to reach 2.6% in 2025. It is currently 2.8%.

"But if we decide to spend more than we have, a budget deficit would emerge and entry will be postponed. We have postponed it several times already, it is time to tell ourselves that we are bringing this work to the end, as happened with Schengen," Georgieva said. "Be careful, let's be more realistic. Yes, maybe revenues will increase. Let's not forget that we want to increase them with one-time actions, not with a systematic policy far raising revenues," she warned.



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

Danube Bridge 2 between Vidin and Calafat

Protest expected to block traffic at Danube Bridge-2 near Vidin

Employees of the Road Infrastructure Agency will hold a protest action today at 12:00 under the slogan "Decent work - decent pay" demanding higher wages.   The protest is organized by the two largest trade unions in Bulgaria - the Confederation of..

published on 6/10/25 6:05 AM

Bulgaria reaffirms its support for Albania's EU membership

The Speaker of the National Assembly, Natalia Kiselova, is on a working visit to Albania to participate in the Parliamentary Assembly of the South East European Cooperation Process, at which the Bulgarian Parliament will assume the presidency of the..

published on 6/9/25 7:17 PM

Temperatures decrease slightly

On Tuesday before noon, sunny weather will prevail over Southern Bulgaria. There will be more significant cloudiness over the Danube Plain. In the afternoon, rainfalls are possible in some places. There will be moderate to strong..

published on 6/9/25 7:15 PM