The budget gap in Bulgaria's State budged is between BGN 1 and 2 B, the Socialist-endorsed Prime Minister, Plamen Oresharski, has reported.

Speaking Monday in an interview for Nova TV, the PM informed that in the following two weeks, the government will propose a budget update.

Regarding the relentless rallies staged by Bulgarians for over two weeks now with demands for his own and his Cabinet's resignation, Oresharski said the situation was indeed tense and voiced readiness to work hard to find a solution.

"This is a situation that one cannot get used to. I knew my term in office would be very hard. People started asking my resignation on the third day after I was sworn in office – this was the first raised flag. Our mistake in the appointment of the national security chief escalated the protests and the situation is now tense. This reflects quite negatively on the entire country, but I hope a solution will be found and things will come back to normal," said the PM.

The protests in Bulgaria were sparked by the outrageous decision of the government to appoint controversial media mogul and Member of the Parliament from the predominantly ethnic Turkish party Movement for Rights and Freedoms, DPS, Delyan Peevski as Chair of the State Agency for National Security (DANS).

Monday is the 18th consecutive day of massive peaceful protests in Bulgaria and a bigger rally is to start at 6:30 pm.

The decision to make Peevski national security chief was eventually reversed, yet protesters went on to demand the resignation of the socialist-led government over ties with oligarchs, an end to opaque policies, and Election Code amendments aimed at guaranteeing a greater representation of Bulgarian citizens in the government.