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

Kristalina Georgieva calls for increasing revenues and reducing deficit

Photo: BGNES -library

Bulgaria should focus on adopting a budget that will help it enter the eurozone, International Monetary Fund Managing Director Kristalina Georgieva told Nova TV. According to her, the country is on its way to solving the problem of higher inflation. The forecast is for inflation to reach 2.6% in 2025. It is currently 2.8%.

"But if we decide to spend more than we have, a budget deficit would emerge and entry will be postponed. We have postponed it several times already, it is time to tell ourselves that we are bringing this work to the end, as happened with Schengen," Georgieva said. "Be careful, let's be more realistic. Yes, maybe revenues will increase. Let's not forget that we want to increase them with one-time actions, not with a systematic policy far raising revenues," she warned.



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

EC awards translation prize to 11th grader Alexandra Atanasova

Bulgarian 11th grader Alexandra Atanasova is among the 27 winners of the 18th European translation contest for secondary school students Juvenes Translatores, organized by the Directorate-General for Translation of the European Commission. As..

published on 4/10/25 6:05 AM

Rain and snow expected on Thursday

On Thursday, the cloud cover will increase significantly, and rain showers will begin. There will be moderate winds. Strong and gusty westerly and northwesterly winds are expected in the Danubian Plain and the western part of the Upper Thracian Plain...

published on 4/9/25 6:50 PM

Sofia public transport employees to protest on Monday, block central junctions

Sofia public transport workers will protest on Monday, April 14, demanding increase in wages . The decision to protest was made after meetings between the industry and the Sofia Municipality. The transport workers do not agree with the municipality's..

published on 4/9/25 6:50 PM