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Bulgarian Foreign Minister Kristian Vigenin. Photo by BGNES
Bulgarian Foreign Minister Kristian Vigenin has joined the choir of government voices criticizing President Rosen Plevneliev, who is expected to issue a veto on a controversial budget revision later on Wednesday.
“I expect the President to issue a veto. This will be a wrong move,” Vigenin told the Bulgarian National Television.
The Foreign Minister claimed Plevneliev would “spread division” among Bulgarians by vetoing the State Budget act update.
“It is important for institutions not to spread division,” he said.
The update of the State Budget 2013 includes a plan to take a new loan in the amount of BGN 1 B to be used as a buffer for the fiscal reserve in 2014, when Bulgaria must make new payments on its foreign debt, the Socialist-led government has claimed. Other funds will be slated for the overdue money for the business and for social measures, according to the government.
The President has already hinted that he is likely to veto the bill, which would see it returned to Parliament for reconsideration after summer recess ends September 4. Plevneliev has pointed out that only 4% of the BGN 1 B loan are intended to cover increased social spending. He has questioned what he has called the unclear use for which the rest of the funds are intended.
Wednesday marks the 55th day of protest rallies against Bulgaria’s Socialist led government. The mass protests were prompted by a series of highly controversial appointments and wider concerns about corruption.
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