Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

President Radev calls 2021 state budget inadequate

President Rumen Radev
Photo: BGNES

Bulgaria’s President Rumen Radev described the 2021 state budget as “inadequate to the reality and the challenges the country will face”, our reporter Mira Stefanova informs. In President Radev’s view, the revenues set in next year’s budget have nowhere to come from and social expenditures will be suspended.

The next cabinet will be placed in an extremely unfavorable situation- a depleted treasury, bankrupt households and businesses, lack of revenues, zero reforms and, most likely, social tensions.

In response, Deputy Premier Tomislav Donchev said that a new measure is support of the business to the tune of EUR 87 million will be announced on Monday.




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

Slavi Trifonov

ITN returns the mandate for cabinet unfulfilled and new elections are forthcoming

Tomorrow, ITN will return to President Rumen Radev the third mandate for forming a government that has not been fulfilled, the leader of the party Slavi Trifonov announced on his Facebook page. Slavi Trifonov recalled the..

published on 8/4/24 4:20 PM

Most of the unemployed have no professional qualifications

Most unemployed people in Bulgaria do not have a professional qualification, the Employment Agency reports. For just a year, the number of people without special skills increased by 8% and is nearly 87 thousand. The data also..

published on 8/4/24 3:41 PM

Bulgaria ranks second in Europe when it comes to forest fires

Bulgaria is in second place after Cyprus in the ranking of forest fires in Europe in 2024, according to the European Forest Fire Information System. About 600 forest fires break out in this country every year, affecting..

published on 8/4/24 12:10 PM