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

President Radev calls 2021 state budget inadequate

President Rumen Radev
Photo: BGNES

Bulgaria’s President Rumen Radev described the 2021 state budget as “inadequate to the reality and the challenges the country will face”, our reporter Mira Stefanova informs. In President Radev’s view, the revenues set in next year’s budget have nowhere to come from and social expenditures will be suspended.

The next cabinet will be placed in an extremely unfavorable situation- a depleted treasury, bankrupt households and businesses, lack of revenues, zero reforms and, most likely, social tensions.

In response, Deputy Premier Tomislav Donchev said that a new measure is support of the business to the tune of EUR 87 million will be announced on Monday.




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

Sunshine with temporary cloudiness in the eastern regions expected on Saturday

On Saturday the lowest temperatures will be between 8 and 16°C; in some valleys – between 6° and 9°C, in Sofia – about 8°C. During the day it will be sunny, with temporary increases in cloudiness over Eastern Bulgaria. The wind will..

published on 9/19/25 7:15 PM

IMF recommends higher social security and property taxes in Bulgaria from 2026

The International Monetary Fund has recommended increasing social security and property taxes from 2026 . This was made clear during the hearing of representatives of the Fund's regular mission in the Budget Committee of the National Assembly. It also..

published on 9/19/25 6:15 PM

Vice President Iliana Iotova visits the Bulgarians in Moldova

Vice President Iliana Iotova is visiting Taraclia, Moldova, on September 19-20. Today, she is an official guest at a ceremony to award the winners of the essay contest organized by the Bulgarian National Radio for schoolchildren..

published on 9/19/25 4:30 PM