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

Finance Minister: The budget will last all year, regardless of who is in power

Finance Minister Kiril Ananiev
Photo: Press Office of Ministerial Council

No matter which government will be in power, the new budget will last, even if the epidemic gets worse. This position was expressed by Bulgaria's Finance Minister Kiril Ananiev in an interview for BNT. He believes that the budget has no alternative. 

"We have saved thousands of people, and in some cases hundreds of thousands," the minister said, referring to  the support measures for businesses and employees affected by the crisis. 
"If the measures did not exist, Bulgaria would be at the level of Western European countries with a budget deficit of over 10%," he said, stressing that Bulgaria's deficit is the lowest in the EU. 
Kiril Ananiev predicts that Bulgaria will enter the eurozone in 2024 at the latest.



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

Is Bulgaria making the most of China’s vast trade potential?

The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..

published on 9/10/25 2:42 PM

Job offers increase seasonally, there is a decline on an annual basis

The demand for employees increased by 5% in August, or by over 1,700 more offers compared to July, one of the largest HR companies in Bulgaria reported to BTA. But on an annual basis there is a decline of 7% , or by 3,100 offers. The "Trade..

published on 9/10/25 11:32 AM

Bulgaria ranks second in the EU for annual economic growth

In the second quarter of 2025, Bulgaria recorded the second-highest GDP annual growth in the European Union with a rise of 3.4% compared to the same period last year, according to Eurostat data. Compared to the previous quarter of 2025, Bulgaria..

published on 9/6/25 4:09 PM