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

Bulgarian Minister of Finance Goranov prepares new budget update

Photo: library

Day after the new Bulgarian government took office, the Ministry of Finance has started to frantically prepare yet another update of the budget. Minister Vladislav Goranov has already started to reshape the plans of his predecessor Rumen Porozhanov. The new draft for 2014 should be ready by the end of next week, Minister Goranov told reporters. The update is expected to cut planned by Porozhanov increase in spending for 12 ministries and departments, totaling 250 million euro. The new update will no longer include the option for the state to provide guarantees to the fund for guaranteeing deposits, in order for it to receive a loan and pay protected deposits in CCB. Instead, the government will take a loan of at least € 800 million, which will be provided to the institution in the form of another loan.



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

More clouds on Tuesday, but temperatures remain high

Overnight, cloudiness will increase in the western parts of Bulgaria, while in the rest of the country it will remain mostly clear. On Tuesday, more significant cloud cover is expected over Western and Central Bulgaria. In the afternoon, cloud cover..

published on 7/14/25 6:45 PM
Alexander Kornezov

Alexander Kornezov approved as the Bulgarian judge at the EU Court of Justice

Bulgaria’s candidate for judge at the Court of Justice of the European Union , Associate Professor Alexander Kornezov, has been approved , lex.bg reports. In line with the Treaty of Lisbon, a panel of seven jurists recognised for their expertise..

published on 7/14/25 5:21 PM

Bulgarian euro coins will 'speak' of national history and spirituality

From 1 January 2026, Bulgaria will join the Eurozone , and the lev and stotinki will become a thing of the past. While the new currency will have a different appearance, it will preserve familiar symbols and images. The designs of the Bulgarian euro..

published on 7/14/25 4:56 PM