Bulgaria is expected to miss its 2025 deficit target, as government spending threatens fiscal stability. Martin Dmitrov from the Democratic Party warned that officials plan to exceed the 3 percent ceiling and reach 4.2 percent while adding 5.5 billion leva in expenses. The lawmaker said this breaks 25 years of budget discipline and represents a sharp leftward policy shift under Delyan Peevski's influence.
Dmitrov compared the situation to Romania's financial crisis and cautioned against tax increases recommended by the International Monetary Fund. He criticized plans for 50 state retail stores as wasteful spending similar to abandoned proposals for government gas stations. The parliament member said Bulgaria faces a crossroads without measures to control costs or improve efficiency, while new regulations threaten businesses and civil organizations.
Dmitrov compared the situation to Romania's financial crisis and cautioned against tax increases recommended by the International Monetary Fund. He criticized plans for 50 state retail stores as wasteful spending similar to abandoned proposals for government gas stations. The parliament member said Bulgaria faces a crossroads without measures to control costs or improve efficiency, while new regulations threaten businesses and civil organizations.
