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Novinite (21 November 2025)

Ivan Kolev 

Bulgaria's Parliament has taken a historic step by approving the nation's inaugural state budget denominated in euros during its first reading. The legislative body cast 131 votes in favor, 87 in opposition, and recorded zero abstentions on this groundbreaking fiscal document. This marks a significant milestone as Bulgaria prepares for eurozone integration, yet the approval process revealed deep fissures within the political establishment and sparked considerable alarm among business circles and economic observers.

The Coalition's Narrow Victory

The ruling party GERB contributed 63 parliamentary votes, while the Movement for Rights and Freedoms (DPS), now operating under the "New Beginning" banner, provided 28 endorsements. The Bulgarian Socialist Party offered 19 votes, "There is Such a People" contributed 17, and four independent deputies rounded out the 131-vote majority. Notably, the ruling coalition expedited the parliamentary process by reducing the period for amendments between the first and second readings from fourteen days to merely three, signaling an urgency that opponents characterized as circumventing adequate democratic scrutiny.

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