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

Prime Minister Galab Donev: "Bankruptcy of the state" is just a media headline

Photo: BGNES

The state finances are stable and there is no threat to the currency board, to the lev-euro exchange rate, to wages and pensions, caretaker Prime Minister Galab Donev said in an interview with Nova TV.

According to him, in the report of the Minister of Finance, related to the budget deficit and the measures proposed by the cabinet, a term like "bankruptcy of the state" cannot be seen and the phrase was just a media headline. "There is no danger of falling into a debt crisis; we are increasing collection, which for January and February is over 650 million euros more than that of the regular government," the Prime Minister said.

As for the measures by the state related to price control of basic food products, Galab Donev said there is a trend of price reduction in large stores and added that talks are still being held with the retail chains about the markup ceiling proposed by the cabinet.




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-Ukrainian organizations to hold marches on third anniversary since the start of war in Ukraine

Bulgarian-Ukrainian associations and non-governmental organizations are organizing marches in the evening in Sofia, Plovdiv and Veliko Tarnovo o n the occasion of the third anniversary since the start of the war in Ukraine on February 24...

published on 2/24/25 9:38 AM

Bulgaria's PM congratulates Friedrich Merz and CDU/CSU on election victory in Germany

Bulgaria's Prime Minister Rosen Zhelyazkov congratulated the German conservatives from the CDU/CSU and their leader Friedrich Merz on the social network X for the "impressive election victory". The Prime Minister points out that after the elections..

published on 2/24/25 9:13 AM

Sofia hosts annual B40 Mayors' Forum

The most prestigious local government  forum in the Balkans, B40, will take place in Sofia between February 24 and 25. The theme of the meeting in Sofia is "The Future of the Balkans: Innovation, Cooperation, Green Transition and Growth" and the..

published on 2/24/25 6:10 AM