Podcast in English
Text size
Bulgarian National Radio © 2023 All Rights Reserved

Boyko Borissov: With a 6.4% deficit we can forget about the Eurozone

Photo: BTA

“If the budget deficit set down by the caretaker government remains at 6.4% we can forget about the Eurozone,” GERB leader Boyko Borissov said at a press conference.

There are three options for bringing it down, he said, raising taxes, cutting expenditure or a new debt. The former prime minister also pointed to some booby-traps in the draft budget, among them the expensive gas stored at Chiren, the gaping holes in the budgets of the municipalities, the missing money for motorways and bridges.

“We either back the budget and the reforms, or we say, all together: “We are letting the debt go”, because in one month the country is going to collapse,” Boyko Borissov said, and urged We Continue the Change/Democratic Bulgaria, for the sake of the country, to come together and drag the country out of the crisis. “And afterwards – even if we are not there, there will always be parties,” he said. 

Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Warm and windy, temperatures in the 20s

Saturday will be cloudy and foggy in the west . Moderate south-westerly winds will continue to bring warm air. In eastern Bulgaria and the mountain ranges the wind will be strong and gusty. Minimum temperatures will range from 0°C in the west to 14°C in..

published on 12/1/23 7:05 PM

President Rumen Radev unveils Bulgarian pavilion at COP28 in Dubai

Bulgaria’s President Rumen Radev unveiled the Bulgarian pavilion at the United Nations Climate Change Conference (COP28) in Dubai, BTA reported. Attending the opening of the first ever Bulgarian pavilion in the history of the forum were the..

published on 12/1/23 6:03 PM

Bulgaria's Parliament approves the purchase of new combat vehicles from USA

Bulgaria’s Parliament adopted the bill for ratification of the international treaty between Bulgaria and the United States on the acquisition of new Stryker combat vehicles for the infantry, BNR's reporter Daniel Inkov informed.   GERB-SDS, We..

published on 12/1/23 5:24 PM