ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria does not meet all the criteria for the eurozone, the 2025 budget is stalling

Caretaker Finance Minister Lyudmila Petkova
Photo: BGNES

The budget execution will be 3%. In the National Assembly, Deputy Prime Minister and Caretaker Minister of Finance Lyudmila Petkova pointed out that this is the result of the efforts being made, and not the result of budget planning, because a large part of the expenses were not planned in it.

Petkova has warned that the difference between revenues and expenses will be 9 billion euros, and to achieve a 3 percent deficit, measures amounting to 6 billion euros are needed. 

Lyudmila Petkova announced that the Ministry of Finance will abandon the introduction of the Mineral Resources tax. However, the concession fee will be increased in order to compensate, at least partially, the expected revenues from this, and a one-time fee will be introduced, which will be paid by mining companies.

Another part of the revenues will come from Bulgaria's entry into Schengen. According to Petkova, Bulgaria still does not meet all the criteria for joining the eurozone and only after their fulfillment will a communication campaign be undertaken. 

In the plenary hall, the deputies demanded that a new budget for 2015 be prepared, but did not propose specific changes and measures. According to GERB-SDS, the planned 10 billion euros higher revenues are unrealistic, and PP-DB indicated that everyone should find mechanisms together to control the situation and, if necessary, postpone some expenses. DPS New Beginning pointed out that people are interested in income, not the budget deficit. BSP also did not approve the budget and proposed that an excess profit tax be introduced for banks. 

ITN, Vazrazhdane and MECH parties also pointed out that they could not support the budget. 

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.
Radio Bulgaria News    budget deficit state budget for 2025

More from category

Light precipitation is expected in the southern regions of the country

During the night, the sky will be mostly clear over most of the country. There will be more significant cloudiness over the southern regions and in some places light precipitation is possible. On Friday, it will be mostly..

published on 8/14/25 7:10 PM

Bulgarian services dismantle Spain-to-Turkey drug trafficking ring

An organised criminal group trafficking drugs from Spain and the Netherlands to Turkey has been dismantled by the State Agency for National Security (DANS) and the General Directorate for Combating Organised Crime (GDBOP). The leader of the group and..

published on 8/14/25 5:29 PM

Six European countries help Bulgaria fight fires

Last week, Greece, Spain, Bulgaria, Montenegro and Albania activated the EU Civil Protection Mechanism to help them deal with forest fires, many of which are occurring simultaneously across Europe, the European Commission announced...

published on 8/14/25 4:50 PM

WEATHER
Pick city: Sofía
Partly cloudy, chance of rain
Min: 16 | Max: 34
Clear
Min: 22 | Max: 27
Clear
Min: 22 | Max: 29
Partly Cloudy
Min: 14 | Max: 35
Mostly Cloudy
Min: 17 | Max: 34
Clear
Min: 17 | Max: 35
Clear
Min: 12 | Max: 32
Clear
Min: 13 | Max: 32
Partly cloudy, chance of rain
Min: 20 | Max: 32
Partly cloudy, chance of rain
Min: 17 | Max: 32
Clear
Min: 16 | Max: 34
Partly Cloudy
Min: 17 | Max: 35
Mostly Cloudy
Min: 16 | Max: 33
Clear
Min: 16 | Max: 31
Clear
Min: 18 | Max: 33
Mostly Cloudy
Min: 17 | Max: 33
Clear
Min: 19 | Max: 34
Clear
Min: 20 | Max: 35
Clear
Min: 18 | Max: 34
Partly Cloudy
Min: 18 | Max: 32
Partly cloudy, chance of rain
Min: 10 | Max: 29
Clear
Min: 16 | Max: 31
Partly Cloudy
Min: 18 | Max: 34
Clear
Min: 18 | Max: 34
Partly cloudy, chance of rain
Min: 19 | Max: 33
Clear
Min: 17 | Max: 33
Partly Cloudy
Min: 17 | Max: 34
BULGARIA IN PICTURES
Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?
Yasen Gyuzelev
Theodore Ushev
Christo Javacheff - Christo
Ilia Peikov
Lika Yanko

BULGARIANS ABROAD

Български English Русский Deutsch Српски Français Ελληνικά Español Shqip Türkçe Română
MOST VIEWED

German jets escort Ryanair flight from Sofia to London after hoax emergency call

German fighter jets escorted a Ryanair Boeing 737 from Sofia to London on 11 August after a false emergency call claimed there was a Palestinian..

published on 8/13/25 5:37 PM

ECB’s Lagarde welcomes design of Bulgaria’s €1 coin

European Central Bank President Christine Lagarde has welcomed the design of Bulgaria’s €1 coin in a Facebook post, the state news agency BTA reported...

published on 8/13/25 5:46 PM

Maximum temperatures will drop by 2-3°C during the day

On Thursday , the lowest temperatures will be between 16 and 21°C; in Sofia – about 18°C. During the day it will be sunny over most of..

published on 8/13/25 7:05 PM

english@bnr.bg

+359 2 9336 661

Общи условия за използване на сайта | Политика за поверителност | Политика за "бисквитки"