Bulgaria's opposition sharply criticises Radev's 2027 budget draft

Opposition parties in Parliament have sharply criticised the 2027 budget draft presented by Prime Minister Rumen Radev, citing the projected deficit, rising public debt and possible effects on inflation.

GERB-SDS criticised the fact that the draft had not yet been published on the Finance Ministry's website when it was presented. The party warned that the fiscal framework could raise inflation and bring new borrowing, taxes and spending increases. Citing BNT, former Education Minister Krasimir Valchev called the budget an “inertia budget.”

Democratic Bulgaria MP Martin Dimitrov described it as “the budget of a very hard winter, of disappointed hopes,” saying the real deficit could reach 4.2% instead of the announced 3.5%. Vazrazhdane deputy speaker of parliament Tsoncho Ganev said the budget lacked concrete measures to raise incomes and control prices. DPS MP Stanislav Anastasov, echoing Radev's own analogy, called it a heavy truck without brakes heading for a cliff.