Bulgaria's GERB Party to Return to Parliament Thursday

Domestic | July 23, 2013, Tuesday // 10:38|  views

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Bulgaria's center-right party GERB confirmed it will return to Parliament on Thursday when the budget revision bill will be put to the vote.

The government held an extraordinary sitting on Monday to adopt the revision of Budget 2013.

GERB MPs would return to Parliament for the vote on the budget revision to try to dissuade their colleagues from approving a loan of up to BGN 1 B and to win them over in favor of a BGN 150 M package of measures earmarked for the most vulnerable social groups, Menda Stoyanova, GERB MP and former deputy chair of parliament told the morning broadcast of the state TV channel BNT on Tuesday.

“During the term of our government from 2009 to 2013, Bulgaria’s deficit gradually decreased. It was thanks to our good economic policies, which also met Europe’s requirements,” said Menda Stoyanova.

“Now for the first time the planned deficit is larger than the previous year - from 1.3 to 2%. If Bulgaria needs to have a larger deficit, the government is obliged to explain the causes,” Stoyanova added.

A day earlier GERB leader and former Prime Minister Boyko Borisov warned that in three years' time, the next government would have to prepare BGN 1 B plus another BGN 200 M in interest, adding that the step was impossible, given the other forthcoming maturity dates.

"Bulgarians must be angry with themselves for allowing this to happen. I am saying this to have a clear conscience that I gave a warning," Borisov said, adding that he had met with trade union leaders Plamen Dimitrov and Konstantin Trenchev, who had expressed grave concerns over the situation.

"We left Parliament to show empathy toward the tens of thousands of people in the streets who do not want this government, and now we will return due to the budget. This is how citizens will be able to hear out our financial experts once again," the GERB leader stated.

After the inaugural sitting of Bulgaria's 42nd National Assembly on May 21, Borisov declared that the party would boycott parliament sittings by non-attendance and refusal to register for voting until the Parliament was ready to discuss Election Code amendments and new early elections were scheduled.

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Tags: Boyko Borisov, GERB, budget revision, Budget 2013, loan, Prime Minister Plamen Oresharski, GERB government, Election Code, snap elections

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