“Realistic Expectations”: Parliament Approves a 5.7% Budget Deficit for 2026
The National Assembly approved a budget deficit of 5.7% for this year. This took place during the second reading of the state budget bill on Friday
The National Assembly approved a budget deficit of 5.7% for this year. This took place during the second reading of the state budget bill on Friday
Bulgaria has the highest budget deficit in the European Union for the first quarter of 2026. This is shown by preliminary data from the European statistical office Eurostat
The municipal investment program, on which local authorities rely to build streets, install street lighting, develop water and sewer infrastructure
Prime Minister Rumen Radev’s government is seeking a “fair” way to require civil servants to pay their own social security contributions
With some reservations and criticism directed at the ruling majority, the National Assembly decided that Bulgaria would take on an additional €3.8 billion in debt this year
The Ministry of Finance (MF) has officially exhausted the legal capacity to issue new government debt for the current year under the terms of the current provisional budget