“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.
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