Before Bulgaria's first budget in euros is announced, it must be seen how successful the 2025 budget is, what policies it managed to set in motion and what lies ahead for 2026. The assessment of the majority of economists and financiers is alarming. They note that the 2025 budget is not being implemented, that its expenditure part is overfulfilled, while the revenue part is not being implemented at the moment. This was said in "The Day Begins with Georgi Lyubenov" on BNT by Meglena Plugchieva, politician and diplomat.
"Expenses cannot be constantly inflated, especially for salaries, and in the administration. The population of Bulgaria has shrunk to 6.5 million, while at the same time the state administration is growing inversely, and not only in state-owned enterprises. Loans are being taken to pay salaries. All this indicates that there is a need for the necessary structural and other reforms that need to be made, and this government is clearly late with this."
Plugchieva emphasized that the 2026 budget should have been sent to the European Commission by yesterday for consultations and coordination. "I have no information whether it has been sent, because otherwise this is a bad sign for the country's financial stability," she emphasized.
Meglena Plugchieva noted that the economic situation in our country is not good, which means that our economy is facing serious difficulties.
"Perhaps one of the main difficulties facing the Bulgarian economy is that we are tied to the European one. Our trade exchange is over 65% with the EU. We are most closely connected to the German economy, which has been stagnant for five years, in recession for three years. And that is why the question must be posed to the government, to the rulers and specifically to the Minister of Economy, what is being done for the Bulgarian economy, namely for those companies that have so far been sub-suppliers to the German automotive industry, which now have to stop work, lay off a lot of staff, what is being done for them to provide work, to provide an opportunity for them to continue working flexibly," commented Plugchieva.