Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Prime Minister Galab Donev: "Bankruptcy of the state" is just a media headline

Photo: BGNES

The state finances are stable and there is no threat to the currency board, to the lev-euro exchange rate, to wages and pensions, caretaker Prime Minister Galab Donev said in an interview with Nova TV.

According to him, in the report of the Minister of Finance, related to the budget deficit and the measures proposed by the cabinet, a term like "bankruptcy of the state" cannot be seen and the phrase was just a media headline. "There is no danger of falling into a debt crisis; we are increasing collection, which for January and February is over 650 million euros more than that of the regular government," the Prime Minister said.

As for the measures by the state related to price control of basic food products, Galab Donev said there is a trend of price reduction in large stores and added that talks are still being held with the retail chains about the markup ceiling proposed by the cabinet.




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

National Statistical Institute: Bulgarians aged 25 to 44 travel most

One million and eight hundred Bulgarian citizens travelled as tourists during the third quarter of the year, National Statistical Institute data show. 72.3% of them travelled inside the country, 20.8% travelled abroad and 6.9% - both inside Bulgaria..

published on 11/22/24 12:09 PM
Rumen Radev at the business forum in Singapore

Rumen Radev in Singapore: Investing in people and partnership are the key to the future

“Investing in people, education, innovations and technologies is the key to success in the future,” said President Rumen Radev at the opening of the business forum in Singapore, in which representatives of companies from Bulgaria and Singapore are..

published on 11/22/24 10:17 AM
European Commissioner for Home Affairs Ylva Johansson

European Commissioner Ylva Johansson is optimistic about Bulgaria and Romania’s entering the Schengen Area by land soon

“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she said she was optimistic about Austria’s decision. Asked what the arguments are for blocking the..

published on 11/22/24 9:45 AM