Bulgarian Prime Minister Boyko Borissov has firmly opposed the idea of taking loans from international financial institutions to handle the ongoing migrant crisis. Speaking at a press conference in Brussels, where European leaders gathered to discuss migration challenges, Borissov criticized the European Commission’s proposal that includes financial aid for providing shelter to asylum seekers.
Borissov expressed concerns that such borrowing would increase Bulgaria’s debt and deficit, potentially leading to another financial crisis within a year. He emphasized the importance of maintaining fiscal discipline and adhering to the Maastricht criteria, which set strict economic standards for EU member states.
Bulgaria’s stance highlights the growing tensions within the EU over migration policies, as countries grapple with financial and logistical challenges in managing asylum seekers. While some nations advocate for increased funding, others, like Bulgaria, remain cautious about the long-term economic impact of such measures.