Prime Minister Rumen Radev said Bulgaria’s 2026 budget deficit is expected to be “well over 3%,” arguing that the country’s main problem is not the size of the deficit itself but what he described as a long-standing budget philosophy based on continuous spending growth. Speaking at a Council of Ministers meeting, he said the government’s priorities include changing this approach, improving fiscal discipline, and supporting investment while avoiding economic stagnation.

Prime Minister Rumen Radev said Bulgaria’s 2026 budget deficit is expected to be “well over 3%,” arguing that the country’s main problem is not the size of the deficit itself but…

GERB has stated that it will not support the draft budget proposed by the government of Rumen Radev, announcing its position during a briefing in the National Assembly alongside…

Finance Minister Galab Donev presented Bulgaria’s draft 2026 state budget, setting a deficit at 5.7% of GDP, or about 7.

Economist Preslav Raykov warned that inflation in Bulgaria could accelerate to around 8% in the coming months, while stressing that the country must quickly bring its budget…

The Bulgarian government presented its draft budget for 2026 on Wednesday, setting a deficit of 5.7% of GDP, the highest figure in three decades, and immediately drew fire from…

Deputy Prime Minister and Finance Minister Galab Donev defended the government’s position on Bulgaria’s public finances, arguing that the country’s placement under the European…