site.btaEconomy Minister: Bulgaria Needs New Budget or Budget Extension Law to Make Payments after June 10

“After June 10, when the budget extension law expires, in practice from Monday (June 12) the state will not be able to make payments,” Economy Minister Nikola Stoyanov explained on BNT's morning show on Sunday. In such cases when there is no budget passed or the budget extension law has expired, the country must return to a zero balance, namely - it can only spend if the budget is in the plus, when it is in the minus, it is not allowed to spend anything until it becomes zero again and eventually in the plus, he added.