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 opposition parties who accused the cabinet of repeating the same fiscal practices it once condemned.

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…

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…