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

Institute of Market Economics: Тhere will be no apocalypse if 2025 budget is not adopted

Photo: ime.bg

The state will continue to function normally even without the parliament voting on the state budget, according to an analysis by the Institute for Market Economics (IME) called "Without a Budget for 2025 and Without an Extension Law: What Next?". 

The IME believes that, contrary to the apocalyptic pictures that are drawn in this scenario, the structural laws of the three major budgets in the state provide for such an option. 

The amount of the main payments is preserved and, according to the rules for fiscal stability, the payments will be up to the amount of revenues, which will nominally increase. 

"If the legal framework allows an immediate budget crisis to be avoided, then entering the new year without an adopted budget creates risks for the predictability of the business environment, for the economy as a whole and for the normal functioning of institutions and local authorities," the IME specifies.



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

November begins with warm autumn weather

On Saturday , the lowest temperatures will be between 3 and 8°C; at the Black Sea coast up to 10°C. In Sofia it will be around 3°C. During the day it will be sunny with scattered high clouds. Before noon there will be fog in the..

published on 10/31/25 7:20 PM

Bulgarian Parliament temporarily bans export of petroleum products

The National Assembly has temporarily banned the export and intra-EU delivery of petroleum products, mainly diesel and aviation fuel. The decision was approved with 135 votes in favour, 4 against, and 42 abstentions, following a proposal submitted by..

published on 10/31/25 6:12 PM

Eurostat: Bulgarians are among Europe's least frequent train users

Passenger rail transport in the EU grew by 5.8% in 2024, according to data published today by Eurostat. Last year, trains carried a total of 443 billion passenger-kilometres, the highest level recorded since the start of Eurostat’s observations in 2004...

published on 10/31/25 6:07 PM