Balkans | Bulgaria’s bankruptcy warning leaked to the media

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Balkans |  Bulgaria’s bankruptcy warning leaked to the media

In Bulgaria, the report of Finance Minister Ruzitsa Vilkova leaked to the press that the country was in danger of bankruptcy.

In the report, Vilkova stated that there is a risk of a change in the price of the leva to the euro, that the country’s entry into the eurozone should be delayed indefinitely, and that the country’s financial stability requires a loan from the International Monetary Fund. Vilkova stated that the situation would require serious financial cuts and could lead to a revenue freeze.

Noting that Bulgaria is facing serious problems in the report that was leaked to the press, Vilkova drew attention to the need for urgent corrective measures in financial policies to avoid bankruptcy.

It was quickly rejected

Finance Minister Vilkova made a statement to state television BNT, in which he denied the leaked report, and said that the state is not at risk of bankruptcy.

Vilkova affirmed that the country’s financial conditions are stable with a deficit of 3 percent and there is no threat, as indicated in the government’s draft general budget law for the year 2023.

Vice-President Ileana Yotova also said that Bulgaria is not facing bankruptcy.

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