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

Bulgaria has been frugal in its anti-crisis spending: TU analysis

Photo: archive

In 2020 Bulgaria undertook anti-crisis policies which cost 6.7% of the country’s GDP in 2019, the average European spending being 14.3%, indicates an analysis by the Institute of Social and Trade Union Studies of the Confederation of Independent Trade Unions in Bulgaria.

Romania is the only country to have spent less at 4% of its GDP. Portugal, Slovakia and Estonia have spent approximately the same amounts as Bulgaria.

Data show that Bulgaria’s economy policy, though correct and expressed in very specific measures, is by far more conservative than the measures indertaken by the other EU member countries. This is strange, because Bulgaria has no government debt problem or chronic deficit, as most other EU countries do, the analysis comments. 



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

Weather forecast: Temperatures start to creep up over the weekend

On Saturday minimum temperatures will range between 10° C.  and 19° C., for Sofia 10° C.  During the day there will be sun with cumulus clouds after midday, and rain and thunder in some parts of the mountain regions of Southern Bulgaria. There will..

published on 7/18/25 6:35 PM
Minister of Energy Zhecho Stankov and Assistant Secretary for International Affairs at the U.S. Department of Energy Tommy Joyce (left to right).

The Energy Minister: The USA is a powerful ally on key regional projects.

A Bulgarian delegation led by Energy Minister Zhecho Stankov held a series of meetings with representatives of the US State Department and the Department of Energy in Washington . The discussions centred on strengthening the strategic partnership..

published on 7/18/25 6:16 PM

Bulgaria and North Macedonia confirm commitment to finalize Corridor 8

At a meeting in Brussels between officials from the transport ministries of Bulgaria and North Macedonia, the two countries confirmed their commitment to finalizing the missing railway sections of Corridor 8, the Ministry of Transport has announced...

published on 7/18/25 4:54 PM