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

Institute of Market Economics: Тhere will be no apocalypse if 2025 budget is not adopted

Photo: ime.bg

The state will continue to function normally even without the parliament voting on the state budget, according to an analysis by the Institute for Market Economics (IME) called "Without a Budget for 2025 and Without an Extension Law: What Next?". 

The IME believes that, contrary to the apocalyptic pictures that are drawn in this scenario, the structural laws of the three major budgets in the state provide for such an option. 

The amount of the main payments is preserved and, according to the rules for fiscal stability, the payments will be up to the amount of revenues, which will nominally increase. 

"If the legal framework allows an immediate budget crisis to be avoided, then entering the new year without an adopted budget creates risks for the predictability of the business environment, for the economy as a whole and for the normal functioning of institutions and local authorities," the IME specifies.



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

Christmas town opens in Plovdiv’s central square

Plovdiv will offer concerts, bazaars and an ice park for the Christmas and New Year holidays to its citizens and guests, the municipality has announced. Mayor Kostadin Dimitrov will light the Christmas tree in front of the Plovdiv Municipality..

published on 11/27/25 8:05 AM

Bulgaria faces widespread rain and cooler temperatures

On Thursday, minimum temperatures will range from 3° to 19°C, with eastern areas reaching 15–19°C and Sofia around 6°C. The day will be cloudy with widespread rain. Heavy rainfall is expected in western regions overnight and in central and southern..

published on 11/26/25 7:05 PM

Georg Georgiev: Support for Ukraine and pressure on Russia must continue

“Solutions for achieving peace in Ukraine must be based on fundamental principles of the UN Charter, such as sovereignty, independence and territorial integrity.” This was stated by Bulgarian Foreign Minister Georg Georgiev at the informal video..

published on 11/26/25 6:41 PM