Balanced budget

Bulgarian National Bank Governor Recommends Fiscal Buffer in 2024 Budget

During a parliamentary budget committee meeting, Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), advocated for a strategic fiscal approach, proposing a 10% buffer allocation within the budget for 2024. This buffer, if not utilized due to unforeseen risks, would be available for expenditure in the final quarter of the year.

Fiscal council chief sceptical about some stimulus measures

Ljubljana- In the second wave of epidemic, the government seems to be taking rapid measures under pressure to be able to boast, believes Davorin Kračun, the head of the Fiscal Council. “It could easily happen that many measures will prove counterproductive,” he said in an interview the newspaper Večer runs on Saturday.

Head of small businesses' umbrella organisation: 2019 state budget fragile, built on chimerical commitment appropriations

This year's state budget is fragile and unbalanced, since it relies on commitment appropriations which are actually chimeras and mean rolling over payments from one year to another, Florin Jianu, president of Romania's National Council of Small and Medium-sized Private Enterprises (CNIPMMR) told a press conference.

2019 budget aims to change narrative

The government submitted Greece's 2019 budget - the first in the post bailout era - to Parliament on Wednesday, saying it seeks to redress injustices against weaker social strata.

Moreover, Alternate Finance Minister Giorgos Houliarakis told lawmakers that it does not include legislated pension cuts planned for January.

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