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Financial journalist about Budget 2026: We should be very worried

30% of business is gray, said an entrepreneur

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Is there a way for Budget 2026 to be reshaped or is it the only possible one? The ruling party and the opposition have been commenting on the parameters of the budget plan for next year for days, which, however, have never been officially announced by the Ministry of Finance. The topic in the studio of “Hello, Bulgaria” on Nova TV was commented on by entrepreneur Tanya Skrinska, financial journalist Stefan Antonov and his colleague from “24 Chasa” Viktor Ivanov.

According to Skrinska, even 620 euros is a small minimum wage, be it for low-skilled employees. “We know what the prices are. Every economy also needs low-skilled workers, but it is important to clarify whether we have this money, where it will come from and who will pay the bill. In this case, these will be the correct employers and employees who are employed in the "light" sectors, the entrepreneur emphasized. According to her, about 30% of the business is gray.

Viktor Ivanov is categorical that any tax change must be made predictably in advance. “2% is extremely high. We had such a case in 2011. Then the social security burden was raised by 1.8 percent. With 330 million leva more expected revenues, then 225 million leva less came in. People stopped paying their social security contributions. Business was also pleased to negotiate with the worker and pay lower social security contributions. Now the effect will definitely be the same”, the journalist stated.

”We should be very worried. Bulgaria is in a historic period of indebtedness – "...the kind that hasn't happened since the 1980s. I've taken the trouble to research every decade since then," said Stefan Antonov.