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Delyan Dobrev

Delyan Dobrev from GERB: The budget deficit is 9%

The Chairman of the Budget and Finance Committee in the National Assembly and GERB MP Delyan Dobrev has told bTV that the budget deficit is 9%. "9 billion euros is not 3%, but 9%," the MP and former Minister of Economy, Energy and..

28.01.25 11:36 |
Delyan Dobrev

Ruling majority concerned whether it would be able to achieve 3% budget deficit

The tax laws will be revised and the budget will be revised. This is what GERB MP Delyan Dobrev, chairman of the Budget and Finance Committee in the parliament told the Bulgarian National Radio. The European Commission certainly has..

26.01.25 15:33 |

The Eurozone remains a priority for the government

The convergence report for joining the Eurozone will be requested after February 18, when the draft state budget is submitted. In an interview with public broadcaster BNT, Bulgaria’s Prime Minister Rosen Zhelyazkov stated that the draft budget..

25.01.25 09:58 |
Minister of Finance Temenuzhka Petkova

Minister Petkova: The government will propose a new draft budget by February 14

Bulgaria’s Minister of Finance Temenuzhka Petkova said that she is concerned about the current state of the country’s finances, which, according to her, is a result of unreasonable policies in this area over the past three years. According..

23.01.25 15:25 |

Expected deficit at the end of last year exceeds €3 billion

Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..

03.01.25 09:24 |

Finance Ministry releases draft of state budget for 2025

The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to increase to EUR 41.57 billion by 2028. The size of pension insurance is to be preserved in..

10.12.24 10:14 |

The Institute for Market Economics calls for budget deficit below 3%

We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR.  In presenting the institute's alternative state budget, the..

04.11.24 11:27 |
Petar Ganev

Institute for Market Economics: The future administration of the country must make unpopular decisions

Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..

30.10.24 10:41 |

Experts about Bulgaria’s financial policy as the country edges towards a new parliament and a draft budget for 2025

After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..

23.10.24 12:52 |
Vladimir Malinov

Electricity prices to go up by 10% instead of the 30% demanded originally

There will be no significant rise in the price of electricity for household users, said caretaker Energy Minister Vladimir Malinov. Kozloduy NPP withdraws proposal for 30% rise in electricity price, will propose less “I believe there could..

20.05.24 09:04 |
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