Bulgaria: Budget Deficit Lower than Planned

Politics ♦ Published: December 30, 2012; 00:16 ♦ (Vindobona)

Bulgaria´s budget deficit is expected to reach about 1.0% of GDP.

Bulgaria: Budget Deficit Lower than Planned / Picture: © Vindobona.org

"The 2012 budget deficit will be lower than planned. The question is by how much. We are expecting it to be slightly over 1% of GDP", says Deputy Minister of Finance Vladislav Goranov in an interview for Banker Newspaper. The specific amount depends to a great extent on whether Brussels will pay for all the activities performed under EU projects for which the Ministry of Finance has…