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Prime Minister Galab Donev: "Bankruptcy of the state" is just a media headline

Photo: BGNES

The state finances are stable and there is no threat to the currency board, to the lev-euro exchange rate, to wages and pensions, caretaker Prime Minister Galab Donev said in an interview with Nova TV.

According to him, in the report of the Minister of Finance, related to the budget deficit and the measures proposed by the cabinet, a term like "bankruptcy of the state" cannot be seen and the phrase was just a media headline. "There is no danger of falling into a debt crisis; we are increasing collection, which for January and February is over 650 million euros more than that of the regular government," the Prime Minister said.

As for the measures by the state related to price control of basic food products, Galab Donev said there is a trend of price reduction in large stores and added that talks are still being held with the retail chains about the markup ceiling proposed by the cabinet.

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