Joint Governance Council Meets to Discuss 2025 Budget Amid Disputes

Joint Governance Council Meets to Discuss 2025 Budget Amid Disputes

Bulgaria 4 February 2025 17:00

The Joint Governance Council is set to meet on Tuesday to finalize the 2025 budget, CE Report quotes BTA

Ahead of the meeting, Stanislav Balabanov of There Is Such a People stated that they have a general understanding of the budget figures and will refine them during discussions. He also criticized Continue the Change co-leader and former Finance Minister Assen Vassilev, accusing him of creating a "huge gap in the budget" and "ruining the state" with past financial policies.

A heated debate continues between Continue the Change and the ruling parties over the alleged BGN 18 billion deficit. The government argues that this gap is a major obstacle to Bulgaria's progress toward joining the eurozone.

Balabanov suggested that 2025 might be a transitional year, emphasizing the need for financial caution before considering eurozone entry.

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