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

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

Delyan Dobrev
Photo: BGNES

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 concerns about whether Bulgaria will be able to draw up a budget with a 3% deficit within 2025, Dobrev said.

"What we and the EC see is that the starting point of the deficit is 9%, not 3%. The 18 billion in question is a deficit that is no longer in dispute. With a 9% deficit we cannot enter the eurozone. Therefore, it is better to try to reduce it to 3% and only then submit the request for a convergence report. With a 9% deficit, Greece went bankrupt 4-5 years ago," Dobrev recalled.



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