Radev Warns of Severe Budget Crisis in Bulgaria: “There Is No Money in the Treasury”

Government

Prime Minister Rumen Radev said Bulgaria ’s government hopes to submit its regular budget by the end of June, while warning that public finances are under severe strain and that restoring fiscal balance will be a difficult task. Speaking to reporters during a visit to Shumen, where he attended the opening of new production facilities at the Alcomet plant, Radev described the financial situation as exceptionally complicated. He stated that the state treasury is effectively depleted and argued